It is #fake that Brazil forgiven Billionaire debt of Venezuela

by Marcelo Moreira

Fazenda denies having forgiven Billionaire debt of Venezuela G1 circulates on social networks publications that say the Brazilian government has given up charging debts made by Venezuela. It’s #fake. Fake G1 Seal ✅ How did the check come to the fact or fake? Readers suggested through our WhatsApp, +55 (21) 97305-9827. 🛑 What does the publication say? Published on July 9 on Instagram, the post says that Brazil forgiven Venezuela’s debt, an amount that total R $ 9.2 billion. This value would have been borrowed by the Venezuelan government to invest in complex infrastructure works: “Brazil funded the construction and expansion of subway systems in Venezuela with a billionaire investment, as well as other works such as steak plant and shipyard. A history of crisis, scandals and opportunities.” On Instagram, the publication has already reached over 51,000 views. Similar contents were found on X and Facebook. ⚠️ Why is it false? To the fact or fake, Rafael Tatempo, from the Secretariat of International Affairs of the Finance, denied that Venezuela’s debt was forgiven. According to him, there was no renegotiation – or forgiveness – formal of debt and collection continues to be made on the full amount of the debt and through the available administrative and diplomatic instruments. Among the measures taken by the Brazilian government to recover the value, Tatempoto makes three highlights: holding technical meetings with representatives of the Venezuelan government, which took place on August 27 and September 1, 2023, focusing on the resumption of dialogue and subsequent communications between technical teams, to reconcile the delay values; the periodic submission of collection crafts through the Secretariat of International Affairs of the Ministry of Finance (SAIN/MF), with support from the Ministry of Foreign Affairs (MRE); the maintenance of technical channel for clarification and updating information about the contracts in force; Information sharing with other sovereign creditors under the Paris Club — An informal forum where creditors meet to negotiate the restructuring of debt of countries in financial difficulties, such as Venezuela. According to information from the Secretariat of Foreign Affairs of the Finance, the current amount of debt, added to default interest, is R $ 9.91 billion. Debt with Venezuela debt with Venezuela was created during the governments of Lula and Dilma Rousseff at the beginning of the past decade. At the time, the National Bank for Economic and Social Development (BNDES) disbursed US $ 1.5 billion to finance infrastructure works. In this type of operation – call export of services – Banco disburses resources in Brazil, in reais, for a Brazilian company responsible for the work or for the export of goods and services to the foreign country. In the case of Venezuela, the money was used, among other purposes, to build Caracas subway lines and a steel mill. However, with the economic collapse, the country’s government has failed to honor the payments. Venezuelan delinquency then led BNDES to trigger the Export Guarantee Fund (FGE) to reimburse the Brazilian companies that worked in the neighboring country. The FGE is a fund linked to the Ministry of Finance and was created to cover guarantees provided by the Union in insurance operations for Brazilian exports. Ultimately, this value ends up falling on the National Treasury. According to BNDES’s most up -to -date data, which include until March 2025, the main value of the Venezuelan debt held by FGE amounts to US $ 797 million (R $ 4.4 billion). Farm denies having forgiven Billionaire debt from Venezuela G1 See also what is #fato or #fake in videos of the conflict between Israel and Iran Conflict Israel x Iran: the images that are #fact and the #fake see other checks made by the fact team or fake add our number of Whatsapp +55 (21) 97305-9827 (after adding the number, send a greeting for the number, send a greeting for the number, send a greeting be inscribed

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