Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 14.92 million loan to an undisclosed agricultural undertaking under the <i>PRONAF Custeio Faixa 2</i> scheme (August 2020)

Announcement

31 Aug 2020

In August 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2020/2021.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

31 Aug 2020

Revocation date:

No revocation date

State loan In force

In August 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 81.64 million (approx. USD 14.92 million) loan to an undisclosed agricultural undertaking. Th...

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Local content incentive In force

The PRONAF Custeio Faixa 2 credit scheme is subject to local content incentives. As such, so is the BRL 81.64 million (approx. USD 14.92 million) loan to an undisclosed agricultural undertaking, grant...

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