They call it Government Contingent Liabilites now. https://www.imf.org/external/np/fad/trans/
In 2008, I called it the ICEBERG, volumes of hidden debt in plain sight, funded by imprudent creditors. The pure arrogance and the abuse of bargaining power is still shocking more than a decade later. http://ppplusofonia.blogspot.com/2009/12/encargos-extra-orcamentais-com-servicos.html
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