Debt of companies most affected by the pandemic totals $ 164 bn

The total debt of companies most affected by the Covid-19 pandemic in Brazil amounts to R$ 900 billion ($ 164 billion). Of this total, R$ 556 billion ($ 101 billion) is due to the national financial system. According to Brazilian Central Bank, the sectors most affected are trade, services, transportation, the manufacturing industry, electricity and gas.

Source: Money Times

Categories: Macroeconomy/Finance