UPDATE 1-Brazil reinstates IOF tax on state bank BNDES loans
 

UPDATE 1-Brazil reinstates IOF tax on state bank BNDES loans
BRASILIA/SAO PAULO, Sept 1 (Reuters) - The Brazilian government on Tuesday reinstated a 1.5 percent financial transaction tax on loans from state development bank BNDES , part of efforts to discourage subsidized lending and narrow the country's swelling budget deficit.
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