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Lula says BNDES will re-fund projects to help “neighboring countries” grow


Lula had already mentioned the development bank when speaking of possible ways of financing the Néstor Kirchner gas pipeline, which intends to bring shale gas from the Vaca Muerta region to Brazil.

BUENOS AIRES – President Luiz Inácio Lula da Silva told businessmen in Buenos Aires this Monday 23 that the BNDES will once again finance engineering projects to help Brazilian companies abroad and help “neighboring countries grow” .

“The BNDES will once again finance trade relations in Brazil and will once again finance engineering projects to help Brazilian companies abroad. And to help neighboring countries grow and even sell the result of this enrichment to countries like Brazil ”said the PT candidate. .

Lula criticized the current policy of the BNDES. According to the president, the public bank has not lent money for development for four years, which would have contributed to the stagnation of Brazilian growth. “All the money from the BNDES is turned over to the Treasury, which wants to receive the loan made,” the president said. “Brazil has stopped sharing the opportunity for growth with other countries,” he added, in defense of Brazil’s resumption of international leadership.

For the petist, it was “thanks to the 500 billion reais funding from the BNDES” that Brazil would have been “the last country to enter a crisis [de 2008] and the first to leave”. The PT said it was “proud” when the BNDES had more resources to finance than the World Bank. in African countries. “Because that’s what bigger countries have to do, trying to help countries that they have fewer conditions in a certain historical moment,” he said.

Lula said Brazilian businessmen are interested in the Néstor Kirchner pipeline, as well as fertilizers.

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Source: Terra

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