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Description
On January 11, 2012, the BNDES announced the creation of "Prorenova" a BRL 4 billion (USD 2.2 billion) credit line to support the production of sugar cane through financing the renovation of old sugar...
Intervention Details
Intervention Type
State loan
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
12 Jan 2012
Revocation date
31 Dec 2013
Implementation level
NFI
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Sectors
Affected Products
See all
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