AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
Besides the three financing instruments for domestic production, the Investment Support Program (PSI) also included a new trade finance facility.
PSI Pre-Shipment Exports provides financing for the pre-shipment operations for products that are exported outside of Brazil. This financing may be given to Brazilian companies of any size. BNDES' maximum participation rate is of 70% in SMEs and 50% of bigger companies. Interest rates are 10% for SMEs and 11% for bigger companies.
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