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Brazil: Government authorises the BNDES to grant economic subsidies

Description

On November 24, 2009, the Chamber of Deputies from Brazil adopted Law 12,096 authorising the National Bank for Economic and Social Development (i.e. BNDES) to grant economic subsidies under the modali...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Nov 2009

Revocation date

30 Oct 2015

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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