Brazil settled 10% of debts with international bodies in 100 days

According to Planning, Brazil still owes R$ 4.28 billion, which must be paid throughout 2023. Of this amount, R$ 2.49 billion refer to debts from previous years. The remaining amount, R$ 1.79 billion, concerns contributions and payments to be paid this year.

Before paying the R$526 million, the country had started the year owing R$4.806 billion to foreign organizations. Thus, the government has paid off 10.9% of debts so far.

Among the main bodies with which the government has paid its debts are the International Atomic Energy Agency (IAEA), the Latin American Integration Association (Aladi), the Secretariat and Parliament of Mercosur, and the Fund for Structural Convergence of Mercosur ( focus). Payments were also made to the Community of Portuguese Speaking Countries (CPLP), the International Organization for Migration (IOM), the World Health Organization (WHO), the International Labor Organization (ILO), the World Trade Organization (WTO) , the Organization for the Prohibition of Chemical Weapons (OPCW), the International Criminal Court (ICC).

According to the joint note, the government is committed to settling Brazil’s debts with international organizations as a means of improving conditions for the resumption of Brazilian activities in the international sphere. “To this end, it will make efforts towards the full financial execution of the amounts provided for in the Annual Budget Law 2023 and the amounts entered in outstanding amounts payable for the previous year, enabling the full discharge of the country’s debts with such bodies throughout the current year” , explained the ministries.

Last year, the transitional cabinet reported that there were about BRL 5 billion in debt of the Brazilian government with international organizations. At the end of December, Itamaraty received BRL 4.6 billionwhich were converted into balances payable for 2023.