Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11.84 million loan to an undisclosed agricultural undertaking under the <i>PRONAF Investimento Faixa 2</i> scheme (June 2022)

Announcement

30 Jun 2022

In June 2022, 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

30 Jun 2022

Revocation date:

No revocation date

State loan In force

In June 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 62 million (approx. USD 11.84 million) loan to an undisclosed agricultural undertaking. The loa...

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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 62 million (approx. USD 11.84 million) loan to an undisclosed agricultural undertaking, gra...

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