IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 27 Sep 2012 | Removal date: 18 Jun 2013
Still in force

State loan

On 27 September 2012, the Brazilian Central Bank issued Resolution 4139 announcing the increase of resources allocated to storage from the Coffee Economy Defense Fund ("Funcafé"). The new budget raised from BRL 900 million (circa USD 443) to BRL 1,500 million (USD 738 million).

With this intervention, the total budget allocated to "Funcafé" reached BRL 2,715 million (USD 1,336 million), surpassing the resources allocated in 2011 which reached BRL 2,440 million (USD 1,201 million).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

239 Food products n.e.c.
0901 Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
090121 Not decaffeinated
090122 Decaffeinated
2101 Extracts, essences and concentrates, of coffee, tea or maté and preparations with a basis of these products or with a basis of coffee, tea or maté; roasted chicory and other roasted coffee substitutes, and extracts, essences and concentrates thereof.
210112 Preparations with a basis of extracts, essences or concentrates or with a basis of coffee
210120 Extracts, essences and concentrates, of tea or maté, and preparations with a basis of these extracts, essences or concentrates or with a basis of tea or maté

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