Global Trade Alert
Global Trade Alert

Brazil: Increase of the total budget Inova Mineral

Announcement

30 Jan 2018

The National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese) and the Brazilian Company of Innovation and Research (FINEP) announced an increase on the total budget allocated to the Inova Mineral Plan.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Jan 2018

Revocation date:

31 Dec 2023

Updated: 30 Jan 2018
State loan

The BNDES and FINEP distributed on 30 January 2018, BRL 1.4 billion (USD 439 million) on credit lines for investments related to the Brazilian mining industry. This represents an increase...

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