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Description
On 22 December 2025, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) launched the BRL 10 billion (USD 1.79 billion) Fleet Renewal Program. The measure allocated a...
Intervention Details
Intervention Type
State loan
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
23 Dec 2025
Revocation date
29 Apr 2026
Implementation level
NFI
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Sectors
Affected Products
See all
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