Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11.07 million loan to an undisclosed agricultural undertaking under the <i>PRONAF Investimento Faixa 2</i> scheme (July 2021)

Announcement

31 Jul 2021

In July 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2021/2022.

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 Jul 2021

Revocation date:

No revocation date

State loan In force

In July 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 56.7 million (approx. USD 11.07 million) loan to an undisclosed agricultural undertaking. The l...

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Local content incentive In force

The PRONAF Investimento Faixa 2 credit scheme is subject to local content incentives. As such, so is the BRL 56.7 million (approx. USD 11.07 million) loan to an undisclosed agricultural undertaking, g...

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