Global Trade Alert
Global Trade Alert

Brazil: BNDES finances municipality of Salvador with USD 17 million

Announcement

27 Feb 2015

In February 2015, the government of Brazil announced a change in the required local operations to serve domestic customers.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

27 Feb 2015

Revocation date:

No revocation date

Local operations requirement In force

On 27 February 2015, the Brazilian Development Bank (BNDES) announced to finance the municipality of Salvador (BA) with 50.8 million real (USD 16.95 million) through its credit line on fiscal administ...

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