🗺️#MAPS: Hydrological disaster risk projection in southeast Brazil’s most indebted cities Almost half of the 108 Brazilian municipalities in debt to the federal government are considered to be at a high or very high risk of floods in the coming years, according to projections from the Science and Technology Ministry, which The Brazilian Report’s Isabela Cruz and André Chiavassa crossed with financial data obtained by Fiquem Sabendo, a freedom of information advocacy group. ♟️State of play. A recently passed law authorizes the government to postpone debt repayments by up to 36 months from states and municipalities affected by “extreme climate events” and with states of public calamity recognized by Congress. 🤔Why it matters. As is, municipal accounts are already in poor shape. The 12-month consolidated primary result of all municipalities has plummeted in recent months. Between 2021 and 2023, the rate of municipalities in the red jumped from 7 to 49 percent. 🔗Subscribe to our newsletters now to get more in your inbox! Brazilian.Report/Subscribe #Indebted #Economy #Brazil #Disaster