The new legislatures in the House and Senate started less than two weeks ago, and there are already 12 proposals concerning the National Bank for Economic and Social Development (BNDES).
Most of the proposals in Congress intend to regulate or prohibit the state-owned bank from making loans for works abroad, a policy that President Luiz Inácio Lula da Silva (PT) and BNDES President Aloizio Mercadante have said will be resumed.
Lula announced the first investment in neighboring Argentina's socialist government of Alberto Fernández: he intends to lend at least US$600 million to construct a
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