Brazil’s Economic Pivot: Industrial Credit Takes the Lead Over Agriculture

Brazil’s economic landscape is evolving, with industrial credit surpassing agricultural loans in BNDES funding for the first time since 2016. This shift reflects changing priorities in Brazil’s growth strategies. BNDES approved R$ 154 billion ($27 billion) for the New Brazil Industry initiative by September, representing 27% of the bank’s total credit for the year. Agricultural […]

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