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01 Mar 2012 description
report Inter Press Service

By Fabiana Frayssinet

RIO DE JANEIRO, Mar 1, 2012 (IPS) - The Brazilian government is stepping up South-South aid, to strengthen the South American giant’s status as a donor country and its international clout. It now provides assistance to 65 countries, and its financial aid has grown threefold in the last seven years.

A project to extend financing for food purchases to five countries in Africa has helped confirm that Brazil, traditionally a recipient of aid, has taken its place among the group of foreign donor countries.