Brazil's Senate allows multilateral loans

Brazil's Senate allows multilateral loans

Loans Debt Regulation Coronavirus Brazil Latin America US

Brazil's Senate voted to approve requests from the state of Paraná and the city of São Bernardo do Campo to access credit lines from multilateral lenders, according to the news agency Agência Senado. Paraná will get $50 million loan from the Inter-American Development Bank (IDB) to improve tax collection and control state spending, while São Bernardo do Campo will receive $80 million from the Latin American development bank CAF for infrastructure investments, including repairs to the Billings re

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