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Lula signs Development Credit Bill to finance industry

Summary by Globo
Credit securities will have an issuance limit of R$ 10 billion per year for each development bank President Luiz Inácio Lula da Silva signed the law establishing the Development Credit Bill (LCD) this Friday in Brasilia to finance the Brazilian industry, in addition to the infrastructure, innovation and micro, small and medium-sized enterprises sectors. More projects: Mercadante says that BNDES disbursements rose 32% in the first quarter, to the…

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