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Brazil to Honor R$1.8 Billion in UN and BRICS Bank Debts in 2019

RIO DE JANEIRO, BRAZIL - The federal government will pay debts of R$1.815 billion (US$465 million) to the United Nations (UN) and the BRICS bank (a group comprising Brazil, Russia, India, China and South Africa) by the end of the year.

On the other hand, it will no longer honor commitments to the Latin American Development Bank (CAF), the Inter-American Investment Corporation (IDB Invest), the Financial Fund for the Development of the La Plata Basin (FONPLATA), and the International Development Agency (IDA).

According to O Estado de S. Paulo/Broadcast, there are no budgetary plans to pay . . .

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