Tag: Brazil debt

• Wednesday, June 7th 2023 - 10:07 UTC

  Plan to fight indebtedness launched in Brazil

  

  The Desenrola plan, a scheme devised by the Government of President Luiz Inácio Lula da Silva to help people pay their debts, will be accompanied by a financial education program, said Finance Minister Fernando Haddad Tuesday upon elaborating alongside Queen Maxima of The Netherlands on the project launched the day before, Agencia Brasil reported.

• Thursday, October 29th 2020 - 09:10 UTC

  Brazilian government borrowing jumped to second highest record in September

  

  Brazilian government borrowing jumped to its second-highest on record in September, Treasury figures showed, meaning Brazil issued more debt in the first nine months of this year than the whole of last year.

• Thursday, August 13th 2020 - 06:44 UTC

  Record debt in Brazil, but only 3% is in foreign currency and government trusts rock bottom rates global

  

  Brazil is amassing a record debt that has evoked memories of crises past in South America's largest economy, but some economists say rock-bottom interest rates and low foreign debt mean the government can continue to spend its way out of recession.

• Saturday, July 20th 2013 - 05:35 UTC

  Fitch maintains Brazil’s debt outlook ‘stable’ and minister says the report was ‘fair’

  

  Brazilian Finance Minister Guido Mantega said that Fitch's decision to maintain the country’s debt outlook at stable was “fair” given Brazil robust finances and lesser debt burden.