AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
In March 2012, 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 engineering, construction and rehabilitation of the road Viana/Calumbo.The post-export credit agreement was signed on 22 March 2012. The loan amount is USD 13.6 million at an annual interest rate of 3.41 percent. The loan matured in July 2012.
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