Global Trade Alert
Global Trade Alert

Brazil: BRL 6 billion budget increase for the Sovereign Brazil credit program

Announcement

15 May 2026

In May 2026, the National Bank for Economic and Social Development (BNDES) announced a BRL 6 billion increase in the budget for the Sovereign Brazil credit program to support companies affected by international trade instability.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 May 2026

Revocation date:

No revocation date

Announced: 15 May 2026
State loan In force

Recent update from 29 May 2026:

On 22 July 2026, the government of Brazil published Provisional Measure 1'379/2026, announcing a new phase of the Sovereign Brazil Plan, with BRL 18.5 billion. According to the Senate press release...

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