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:

You May Also Like

Petrobras Surplus 600% Bigger than Last Year’s

Together the greater supply of Brazilian oil for export, the reduction of spread (the ...

Brazil’s Landless Advice Number 1 to the Rich North: Bring Down the Government!

What do you get when you fuse the most brutal landowners of the Global ...

A Brazilian Slaughterhouse Turned to Europe

Slaughterhouse Mercosul, from the southernmost Brazilian state of Rio Grande do Sul, is one ...