IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 04 Nov 2014 | Removal date: open ended
Still in force

State loan

On 4 November 2014, the Brazilian Development Bank (BNDES) announced to finance Zenvia with 35.5 million real (USD 11.83 million) by subscribing to shares. The mobile services provider based in Porto Alegre (Rio Grande do Sul) is going to be funded by BNDESPAR, the equity branch of BNDES.
 
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

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