IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
YesNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
allJUMBO
NoTARIFF PEAK
NoOn 31 March 2016, the National Monetary Council (CMN by its acronym in Portuguese) approved BRL 4,632 million (USD 1.3 billion) for credit lines enclosed in the Fund for the Defense of the Coffee Economy ("Funcafé") for 2016. The new budget represents an increase when compared to 2015 when the total budget was BRL 4,136 million (USD 1.16 billion).
The credit lines were distributed as it follows:
These amounts apply for the 2016 harvest.
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