Global Trade Alert
Global Trade Alert

Brazil: Government authorises the BNDES to grant economic subsidies

Announcement

24 Nov 2009

The Government of Brazil authorises the National Bank for Economic and Social Development - BNDES, to grant economic subsidies for financing operations aimed at the acquisition and production of capital goods and technological innovation.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Nov 2009

Revocation date:

30 Oct 2015

Updated: 24 Nov 2009
Interest payment subsidy

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 th...

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