Brazil’s Foreign Debt Falls US$ 9.7 Billion. It’s Still US$ 183 Bi.

Brazil’s foreign debt closed out the month of August at US$ 182.62 billion, down US$ 9.7 billion from June, reports the Brazilian Central Bank.

The reduction came with the payment by the government of US$ 2.5 billion in Euro-2005 and Global-2005 bonus bonds, and an advance payment of US$ 5 billion to the International Monetary Fund. The private sector also paid down debts totalling US$ 2.1 billion in the same period.

In August, Brazil’s debt profile was as follows: US$ 164.8 billion (down from US$ 174.5 billion in June) in medium- and long-term debt, and US$ 16.7 billion in short-term.

Meanwhile, foreign reserves rose to US$ 60.2 billion.

ABr

Tags:

Ads

You May Also Like

Brazil Creates Group to Lobby US Congress and End Ethanol Protectionism

According to Brazil’s ambassador in Washington, Roberto Abdenur, what Brazil and the US need ...

92 Kids Dead, 60 Adults Killed: Church Says Brazil Indians Are Treated Like Animals

Brazil’s Indigenist Missionary Council (CIMI) should release this Thursday, June 30, the Year Report ...

Brazil to Boost Protection to Children Threatened with Death

By the end of 2006, Brazil’s Secretariat of Human Rights’ Special Protection Program for Children ...