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Brazil: Increased financing for the BNDES worth 6$ billion and a new line of products

Description

Resolution No. 3910 adopted by the Brazilian Central Bank on September 30, 2010, allowed the increase in the budget of the Brazilian National Development Bank (BNDES) to R$ 134 billion (80 billion USD...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

30 Sep 2010

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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