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December 26, 2024
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Brazil pays R$1.9 billion in contributions to international bodies in 2024

Brazil pays R$1.9 billion in contributions to international bodies in 2024

Brazil paid R$1.9 billion to international organizations in 2024, the Ministry of Planning and Budget reported this Thursday (26). The resources were used to pay off financial contributions to multilateral organizations and to pay payments and replenish shares in banks and international funds.Brazil pays R$1.9 billion in contributions to international bodies in 2024

According to Planning, the country is up to date with foreign organizations in relation to mandatory expenses. Of the non-obligatory payments for 2024, a portion of R$87.4 million remains for the International Fund for Agricultural Development (IFAD) and the former Andean Development Corporation (CAF), currently the Development Bank of Latin America. The ministry informed that the installment will be paid in January.

Last year, Brazil paid around R$4 billion to international organizations, of which R$2.4 billion were liabilities from previous governments and R$1.6 billion related to the 2023 fiscal year. “With the discharge of its obligations financial institutions, Brazil ensures its full and active participation in the main global and regional forums, in favor of peace, security, human rights, economic integration and sustainable development”, highlighted the Ministry of Planning in a note.

The ministry reported that budget and financial management was careful, with continuous monitoring of the exchange rate and the adoption of a periodic payment strategy. According to the ministry, this stance allowed high-value contributions to be paid at times of more favorable exchange rates, reducing expenses and maintaining monthly contributions at a sustainable level throughout the year.

United Nations

Among the main contributions paid this year, the Ministry of Planning highlights the discharge of commitments to the three aspects of the United Nations (UN) budget: regular budget, peace missions and the International Residual Mechanism for Criminal Courts. Planning highlighted that Brazil is one of the few countries up to date with the United Nations.

In addition to contributions to the UN headquarters, Brazil honored its commitments to the organization’s specialized agencies, such as the Food and Agriculture Organization of the United Nations (FAO); the United Nations Educational, Scientific and Cultural Organization (Unesco); the World Health Organization (WHO); the International Labor Organization (ILO); the Universal Postal Union (UPU); the World Tourism Organization (WTO) and the International Civil Aviation Organization (ICAO).

Environment

In the area of ​​environment and climate change, the country highlighted its contributions to the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto, Montreal, Cartagena and Nagoya Protocols, as well as the Stockholm, Basel, Rotterdam and Minamata, among other relevant instruments in this matter. According to Planning, these payments reaffirm Brazil’s commitment to sustainability and environmental preservation.

Brazil, informed the ministry, is up to date with other organizations working on priority issues, such as the World Trade Organization (WTO), the Community of Portuguese Speaking Countries (CPLP), the International Atomic Energy Agency (IAEA), the International Criminal Court (ICC), the International Tribunal for the Law of the Sea (TIDM) and the International Seabed Authority (ISA).

Mercosur

At the regional level, Brazil paid the 2024 contributions to the Mercosur Secretariat, the Mercosur Parliament (Parlasul), the Institute of Public Policies on Human Rights (IPPDH), the Mercosur Social Institute (ISM) and the Secretariat of the Permanent Court Review (TPR). According to the ministry, the disbursements show Brazil’s commitment to strengthening economic and social integration in the bloc.

The country is also up to date with continental bodies, such as the Organization of American States (OAS), the Latin American Integration Association (Aladi), the Amazon Cooperation Treaty Organization (OTCA) and the Latin American Faculty of Social Sciences (Flacso).

Regarding the payments and recompositions of quotas from international banks and funds, the Ministry of Planning reported that important contributions had been made throughout 2024 to the Financial Fund for the Development of the La Plata Basin (Fonplata), to the International Fund for Agricultural Development (IFAD) and the Development Bank of Latin America (CAF).

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