Brazil Will Announce BNDES Investment Measure Today

(Corrects headline to say investment measure.)

Brazil’s government will announce an expansion of national development bank BNDES’s program to finance capital goods investments, President Dilma Rousseff said.

Finance Minister Guido Mantega will announce the expansion of the so-called PSI program this afternoon, Rousseff said in Brasilia at the national industry convention.

To contact the reporter on this story: Carla Simoes in Brasilia at csimoes1@bloomberg.net

To contact the editor responsible for this story: Harry Maurer at hmaurer@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.