President Lula trusts that Venezuela and Cuba will pay their debts with Brazil
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Loading... - Lucas Foster
- 07 Feb 2023
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Lula also rejected the fact that during his first two terms he favored "half a dozen Brazilian companies" in BNDES financing, which were later marred by corruption scandals.
The president of Brazil, Luiz Inácio Lula da Silva, said Monday that he is confident that Cuba and Venezuela will settle their debts with the Brazilian development bank and blamed his predecessor, Jair Bolsonaro, for the delay in payments from those countries.
"I am sure that in our government these countries will pay because they are all friendly countries of Brazil and they will certainly pay the debt they have with the BNDES (National Bank for Economic and Social Development)," Lula said at the inauguration ceremony. of the new head of the state financial institution, in Rio de Janeiro.
According to the latest official data from September of last year, overdue debts in BNDES financing for goods and services projects in Venezuela reached 682 million dollars, while in Cuba they reached 227 million .
The BNDES financing for works in other countries in the region, which was granted to the Brazilian companies that carried out the projects, was used as an electoral weapon by the far-right led by Bolsonaro to attack Lula in the elections last October.
Lula came out today in defense of the Brazilian development bank, which he said was "the victim of many lies" and "very serious defamations" during the elections in which he emerged victorious against Bolsonaro. Read More…
