Home > Internet > Online Trends

Brazil to raise loan quotas for new loans to set veto

Source: Internet
Author: User
Keywords Loans Brazil Treasury International Monetary Fund Brasilia
Tags finance finance minister group international monetary set
Developer on Alibaba Coud: Build your first app with APIs, SDKs, and tutorials on the Alibaba Cloud. Read more ＞
Brasilia, November 25 (Xinhua) The Brazilian Ministry of Finance announced 25th that its loan quota in the International Monetary Fund's "New loan Arrangement" (NAB) will increase from $10 billion trillion to $14 billion trillion. Brazilian Finance minister Guido said the same day that Brazil would be given the same veto power in the "new lending arrangements" as the other three members of the BRIC group, China, India and Russia. The "New loan arrangement" is a loan agreement between the International Monetary Fund (IMF), designed to increase loan resources, as a way for members of the Organization to provide additional resources in the event of a threat to the financial system or instability.

This article is an English version of an article which is originally in the Chinese language on aliyun.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to info-contact@alibabacloud.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Keywords:
how to raise virtual memory raise to a power in java how to set up new gmail how to set up a new website need to set up new gmail account how to set up a new android tablet how to set password for mysql
Related Article
Front-end Must Learn: CDN Acceleration Principle
Elements of CDN Network
Understand the Principle of CDN Acceleration in One Article
Cloud Security Issues Derived from the Development of Cloud C...
8 New Types of Attacks Facing the Cloud Environment

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

Hot Article
Hot Tags
computing conference access forum computer class data get http html applications
Popular Keywords
direct digital landing development documentation data user director of marketing deploy it ddos how to description of products and services ddos information data website domain to dns

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

Get Started for Free

  • Sales Support

    1 on 1 presale consultation

    Chat Contact Sales

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

    Open a Ticket

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.

    Learn More