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Brazil risks losing its vote in UN if it doesn t pay US$ 113 million of its debt

  Brazil risks losing its vote in UN if it doesn t pay US$ 113 million of its debt Full article Brazil’s economy ministry said in a statement that a bill approving new payments to the UN and other international organizations will soon be voted on in Congress. Brazil once again risks losing its vote at the United Nations if it doesn’t pay a portion of what it owes to the global organization, which is facing a growing cash crunch as the Covid-19 crisis puts pressure on budgets worldwide. Brazil needs to make a minimum payment of US$ 113 million toward its total debt of US$ 391 million by the end of the month in order to keep its vote in the General Assembly, UN Assistant Secretary-General Chandramouli Ramanathan wrote in a letter to Brazil’s UN mission seen by several news agencies.

Brazil Risks Losing UN Voting Right Over a $113 Million Debt

Brazil Risks Losing UN Voting Right Over a $113 Million Debt Bloomberg 12/14/2020 Samy Adghirni and David Wainer © Photographer: Andre Coelho/Bloomberg Demonstrators wave a Brazilian flag during a protest against Luiz Inacio Lula da Silva, Brazil s former president, outside the Federal Police Headquarters in Curitiba, Brazil, on Friday, April 6, 2018. Lula hunkered down at his former union headquarters in the working class suburbs of Sao Paulo to discuss strategy, as a court-ordered deadline to turn himself in to police expired. (Bloomberg) Brazil once again risks losing its vote at the United Nations if it doesn’t pay a portion of what it owes to the global organization, which is facing a growing cash crunch as the Covid-19 crisis puts pressure on budgets worldwide.

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