Federal Government Pays R$633.71 Million in August to Cover Defaulted State Debts

In August, the National Treasury paid R$633.71 million in overdue debts of states. Of this total, most is related to arrears in the state of Goiás, in the amount of R$233.94 million.

RIO DE JANEIRO, BRAZIL - The data are in the Report of Enforceable Guarantees by the Federal Government in Loan Operations, released yesterday, September 16th, by the National Treasury Secretariat.

Coverage of defaults incurred by the state of Minas Gerais totaled R$198.69 million (US$49.672 million) and R$190.79 million for the state of Rio de Janeiro. In the case of Rio Grande do Norte, R$10.29 million . . .

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