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Brazil’s Debt Is the Talk of 19 Countries

Specialists in the administration of government debt from 19 Latin American and Caribbean countries participated in the sector’s first annual encounter, in Rio de Janeiro.

The meeting, which is sponsored by Brazil’s Secretariat of the Federal Treasury in partnership with the Inter-American Development Bank (IADB), is also being attended by guest experts from Spain, Portugal, Denmark, and Italy. The event got underway March 17 and runs through March 19.

In his speech, the executive vice-president of the IADB, Dennis Flannery, commended Brazil’s public debt administration, which he considers of high quality, and he emphasized its importance as a model for other countries to achieve a level of stability similar to Brazil’s.

Other topics of discussion included the institutional structure of government debt agencies, the development of a secondary market for govenment debt instruments, methodologies for the calculation of debt indicators, and advances in the management of government debt.

Translation: David Silberstein
Agência Brasil


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