Global Trade Alert
Global Trade Alert

Brazil: Increases budget for the 2017/2018 Agricultural and Livestock Plan

Announcement

07 Jun 2017

The Government of Brazil launched the 2017/2018 Agricultural and Livestock Plan allocating credits lines with lower interest rates than those set at the market to farmers. The total budget for the 2017/2018 Plan is circa USD 61 billion (BRL 200 billion). In comparison with the 2016/2017 plan, the total budget has increased by 24.3%.

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Number of interventions

4

3 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

01 Jul 2017

Revocation date:

30 Jun 2018

State loan

On June 7, 2017, the government of Brazil launched the 2017/2018 Agricultural and Livestock Plan of Brazil. Included in the program was an increase in the budget allocated to the PRONAMP credit lines....

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State loan

Furthermore, the government of Brazil also increased the budget for the Program Inovagro enclosed in the 2017/2018 Agricultural and Livestock Plan launched on June 7, 2017. The new budget was set at U...

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Interest payment subsidy

Finally, the 2017/2018 Agricultural and Livestock Plan launched by the Brazilian government on June 7, 2017, also increased the budget for the interest payment subsidy applied to the Rural Insurance P...

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Implementation date

01 Jul 2017

Revocation date:

30 Jun 2018

State loan

The 2017/2018 Agricultural and Livestock Plan of Brazil launched by the government on June 7, 2017, also includes a decrease in the budget allocated to the Agricultural Carbon Reduction Program (i.e. ...

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