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Published 18 days ago

Without a debt settlement, Rio will again delay payment of its wages and suppliers, the governor says.

Summary

Governor Claudio Castro filed a lawsuit in the STF, claiming that the criteria for settling the debt, which already amounts to R$ 191 million, should be reviewed. He stated that Rio de Janeiro is heading towards a financial crisis similar to the one faced in 2016, when the state delayed salary payments to employees and suppliers if it does not receive a favorable decision from the STF on the lawsuit it has filed. The measure would be valid until…

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Without a debt settlement, Rio will again delay payment of its wages and suppliers, the governor says.

18 days ago·Brazil

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