December 5, 2012 / 7:30 PM / in 5 years

Brazil extends credit line to bolster investment-Mantega

BRASILIA, Dec 5 (Reuters) - Brazil has extended for all of 2013 a multi-billion dollar credit line for businesses to bolster investment in capital goods, Brazil’s Finance Minister Guido Mantega said on Wednesday, in the latest government move to support a slow-moving recovery.

Mantega said the credit line will be of 100 billion reais ($47.50 billion) in 2013.

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