With overdue payments of $33.1 mm, Brazil is second largest debtor at WHO

Brazil remains the second largest debtor to the World Health Organization (WHO) with arrears of $33.1 million from 2019-2020, according to data from the Ministry of Economy. This year, Brazil has made four instalments of payments, totalling just over $2 million of 2019-2020 arrears. For this year, it has an invoice of $15 million to pay in the entity. One portion of the debt is in dollars and another in Swiss francs.

Source: Valor Investe

Chesf invests $2.5 mm in improvements for its hydroelectric

With an investment of R$ 1.7 million ($327k), Chesf is making improvements in the Xingó hydroelectric power plant (3.1 GW), located on the border of the states of Alagoas and Sergipe. The works are part of a set of adjustments that the company will carry out in all power plants in the Northeast, with investments estimated at R$ 13 million ($2.5 mm)for the recovery of paving, implementation of safety areas, among other actions.

Source: Canal Energia

Revenues of the machinery and equipment sector grow 72% in April

The turnover of the Brazilian machinery and equipment industry grew 72.2% in April compared to the same month last year, totalling R$ 16.6 billion ($3.1 bn) in 2021. In the last 12 months, the sector’s sales accumulated the amount of R$ 179 billion ($34.5 bn), an increase of 18.1%. The data was released by the Brazilian Association of Machinery and Equipment Industry (Abimaq).

Source: Money Times