BNDES anticipates payment of $7 bn to the Treasury

The Economic and Social Development Bank (BNDES) will anticipate the settlement of debts with the National Treasury with the payment of R$ 38 billion ($7 bn). According to the bank, the release will occur in the coming weeks, as soon as the necessary legal procedures are carried out. The institution’s approval for the advance follows the sequence of early repayments of debts with the federal government that have occurred since 2016.

Source: Spacemoney