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Montevideo, March 28th 2024 - 10:23 UTC

 

 

Brazil limits discretionary subsidies through government banks lending

Tuesday, August 29th 2017 - 11:30 UTC
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Brazil’s lower house of Congress approved the main text of a bill creating a market-based benchmark interest rate for state lender BNDES, in a victory for President Michel Temer. The lower house will now have to analyze three potential amendments to the bill early on Tuesday before sending the measure to a final Senate vote, speaker Rodrigo Maia told reporters. Read full article

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