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Brazil: Additional resources allocated to the National Fund for Scientific and Technological Development (FNDCT) for the 2023 fiscal year

Description

On 11 May 2023, the government of Brazil published Law No. 14.577 increasing the 2023 budget of the National Fund for Scientific and Technological Development (FNDCT in Portuguese) from BRL 5.78 billi...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 May 2023

Revocation date

31 Dec 2023

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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