Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11.22 million loan to an undisclosed agricultural undertaking under the <i>PRONAF Investimento Faixa 2</i> scheme (April 2024)

Announcement

30 Apr 2024

In April 2024, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2023/2024.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Apr 2024

Revocation date:

No revocation date

Updated: 27 Nov 2024
Local content incentive In force
The PRONAF Investimento Faixa 2 credit scheme is subject to local content incentives. As such, so is the BRL 58 million (approx. USD 11.22 million) loan to an undisclosed agricultural undertaking, gra...
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Updated: 27 Nov 2024
State loan In force
In April 2024, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 58 million (approx. USD 11.22 million) loan to an undisclosed agricultural undertaking. The lo...
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