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Brazil: BNDES launches BRL 15 billion credit line for businesses in the region of Rio Grande do Sul

Description

On 29 May 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) announced a BRL 15 billion (USD 2.8 billion) credit line for businesses in the region of Rio Grand...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 May 2024

Revocation date

31 Oct 2024

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

location-specific

Affected Trading Partners

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Affected Products

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