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Brazil Authorizes Federal Guarantee for Maceió Loan of Up to US$150 Million from BRICS Bank

União autoriza garantia de US$ 150 milhões para empréstimo de Maceió com banco do Brics
Countries
Brazil
Cooperation areas
Sustainable Development

Source: O Tempo | Original Published At: 2026-09-04 14:46:58 UTC

Key Points

  • Brazil's Finance Ministry authorized a federal guarantee for an external loan of up to US$150 million for Maceió from the New Development Bank.
  • The financing is intended for the city's MCZ3i Integration, Social and Sustainable Development Program, supporting urban integration and improvements in social and environmental indicators.
  • The authorization followed favorable assessments by the National Treasury Secretariat and the Attorney General's Office of the National Treasury.
  • Maceió must first sign a counter-guarantee agreement allowing the federal government to retain specified transfers or revenues if the municipality fails to repay the loan.
  • Further steps include validation of contractual clauses by the Attorney General's Office of the National Treasury and final signing of the loan agreement.
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