The (National Bank for Economic and Social Development) has already approved R $ 196 billion for the two years, which represents 70% of the total expected for the program until the end of the government, says the president of the Bank of Development ,.
Mercadante also said that last year, BNDES credit approvals for industry exceeded the concessions for the, which has not occurred since 2017.
“We also had record approvals for the drug industry, the highest amount of credit approvals for the automotive sector since 2017, the largest volume of credit approvals for exports since 2014 and the second largest volume of credit approved for biofuels in BNDES history, just to be in some examples,” adds the bank’s president.
Mercadante also states that the bank will be “even more important at this time of great challenges with the new geopolitical scenario of trade war.”
“There are important risks to industry sectors, but also a window of opportunities. Lula’s presidential diplomacy is contributing to the resumption of partnerships and the opening of new borders,” he says, citing the G20, COP30, the Brics and the recent presidential agenda in Japan and Vietnam.
This Tuesday (8), the Iedi (Institute of Studies for Industrial Development) released a study showing that Brazil left 45th place in 2023 to the 25th last year in a ranking of the transformation industry in the world.
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