Finance Minister Fernando Haddad on Monday announced a bill that would authorize the federal government to suspend debt payments from Rio Grande do Sul, Brazil’s southernmost state, for three years. The state has been ravaged by extreme floods; damages so far have been estimated at BRL 8.4 billion (1.6 billion) per the National Confederation of Municipalities.
The post Lula signs off on debt relief to state affected by floods appeared first on The Brazilian Report.
Participe da IGI Expo 2026: https://igi-expo.com/
