Announcement
24 Nov 2009
In November 2009, the Brazilian government created the Investment Support Program (Programa de Sustentaçao do Investimento, PSI) and given a maximum financing total of $25.4 billion. PSI was created to stimulate the production, acquisition and exports of capital goods and innovation. It offers financial incentives to Brazilian companies that have reached a nationalisation index of at least 60% in their production.
The Brazilian government extended this program every year until 2016. This program offered financing until 31 December 2015.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
04 Nov 2009
Revocation date:
31 Dec 2015
Updated: 24 Nov 2009
Local content incentive
To benefit from the new Investment Support Program (Programa de Sustentaçao do Investimento, PSI), participating firms need to achieve a "nationalisation index" of 60% or higher ...
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Updated: 24 Nov 2009
Trade finance
Besides the three financing instruments for domestic production, the Investment Support Program (PSI) also included a new trade finance facility.
PSI Pre-Shipment Exports provides financing...
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Updated: 24 Nov 2009
State loan
On November 24, 2009, the Brazilian government created the Investment Support Program (Programa de Sustentaçao do Investimento, PSI) via law number 12.096. It was given a maximum f...
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