IMF's Rato to visit Brazil on January 10-11

Rodrigo de Rato, Managing Director of the International Monetary Fund, will visit Brazil on January 10-11, 2006, at the invitation of the President Luis Inacio Lula da Silva to mark the nation's early repayment of its outstanding obligations to the Fund.

On December 27, 2005, Brazil completed early repayment of its entire outstanding obligations amounting to SDR 10.79 billion (about US$15.57 billion). The outstanding obligations of Brazil had been contracted under three Stand-By Arrangements,