News
08 January 2019

BNDES to return $27bn to Treasury this year

Region:
Americas

Brazil's development bank BNDES aims to return up to BRL100 billion ($27 billion) in loans owed to the Treasury this year, as the country's new economic team seeks to cut public debt faster. Carlos Thadeu de Freitas, financial director at the BNDES, was cited as saying that reaching the...

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