BNDE definition
Examples of BNDE in a sentence
Moreover, the Confederation would provide the funds needed to conduct the initial meetings between representatives of the BNDE and ECLA, which began taking place early in 1953.59 In tandem with these dynamics, ▇▇▇▇▇▇▇▇▇▇ himself would become a manifest proponent of many of the ideas proposed by the ECLA.60 The goal of promoting accelerated national industrial development would become a common conceptual currency in almost all of the most relevant debates unfolding in the 1950s in Brazil.
BNDE was a body of the Brazilian government that could endorse the bills of exchange both in its own name and on be- half of the government.
The National Bank of Economic Development (BNDE) was created by the Brazilian National Congress, in June 1953, financed primarily by the National Treasury to act as the main funding agency for the projects related to investments in the areas of transportation networks and energy supply.54 As will be demonstrated in Chapter Four, the Bank would fulfill its intended goal of financing projects of industrial development only during the ▇▇▇▇▇▇▇▇▇▇ administration.