AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
In December 2011, the Brazilian Development Bank (BNDES) provided Construtora Queiroz Galvao SA with post-export credit for a project involving the exporting of goods and services for the second stage of construction of the suburban higway between Luanda, C.Cacuaco and Viana.The post-export credit agreement was signed on 20 December 2011. The loan amount is USD 21.18 million at an annual interest rate of 3.26 percent. The loan matured in April 2012.
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