Table 2.

Fapemig’s budget between 2014 and 2019 brought to present value by the annual accumulated IPCAa–IBGEb variation

YearBudgetIPCABudget updated by IPCAVariation
20141,767,931,816,006.41%2.299,407,478,53 
20151,963,714,975,0110.67%2,428,219,970,065.60%
20161,909,355,430,006.29%2,157,206,949,01−11.16%
20171,673,094,526,972.95%1,785,071,397,47−17.25%
20181,424,114,349,963.75%1,477,454,552,94−17.23%
20191,228,359,68400 1,228,359,684,00−16.86%

Notes:

aIPCA is the Broad National Consumer Price Index. IPCA aims to measure the inflation of a set of products and services sold at retail, referring to the personal consumption of families. It is the inflation reference index in Brazil. bIBGE – The Brazilian Institute of Geography and Statistics – is the main Brazilian data and information provider. This information aims to serve the public and private sectors, especially the federated entities and the union

Source: Prepared by the authors, based on data from the Minas Gerais State Transparency Portal

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