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[POLITICS] · Brazil · 8 sources

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Brazil signs $5 billion deal as BID expands Latin America security fund to $4 billion

The Inter‑American Development Bank (BID) announced on 5 April that its fund for public‑security projects in Latin America and the Caribbean will be increased from US $2.5 billion to US $4 billion for the 2026‑2028 period. BID President Ilan Goldfajn said the boost reflects strong demand from the region, noting that while Latin America comprises about 8 % of the world’s population, it accounts for roughly 33 % of global homicides.

At the same summit in Brasília, the Brazilian government and BID signed a memorandum of understanding that makes up to R$ 5 billion available to support Brazil’s “Program against Organized Crime.” The resources will finance the qualification of homicide investigations, improve prison security, dismantle the financial networks of criminal groups and combat the trafficking of weapons, ammunition and explosives. Brazil will also assume the pro‑tempore presidency of the Alliance for Security, Justice and Development for the next twelve months.

Interpol joined the Alliance’s Rapid Response Task Force for Violence and Organized Crime, pledging technical assistance and operational support. Justice Minister Wellington Lima e Silva emphasized the need for international cooperation and the financial asphyxiation of transnational criminal organizations.

Entities

Brazil · Ilan Goldfajn · Interpol · Inter‑American Development Bank · Wellington Lima e Silva

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