Crisis, what crisis? Brazil's BNDES industrial investment fund swells 9% to R$227bn
This article was originally published in Clinica
Executive Summary
The Brazilian state’s economic and social development bank (BNDES) is poised to receive a 9% hike in the credit ceiling of a key investment fund that is targeted at developing the country’s industrial fabric. The move should have a significant impact on homegrown medtech suppliers, given the priority the government is placing on manufacturing in this area.