Tag: development bank

• Friday, November 9th 2018 - 09:09 UTC

  Bolsonaro vows to investigate Americas largest development bank, Brazil's BNDES

  

  Right-wing President-elect Jair Bolsonaro vowed in a tweet on Thursday to investigate Brazil’s state-run national development bank, BNDES, for corruption by opening its “black box” of secret transactions. BNDES is the largest development lender in the Americas with a loan book larger than the World Bank’s.