Global Trade Alert
Global Trade Alert

Brazil: Changes to the budget for the Funcafe credit lines

Announcement

18 Jun 2013

The Brazilian government increased the total budget allocated to the Coffee Economy Defense Fund credit lines known as "Funcafé".

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

18 Jun 2013

Revocation date:

18 Feb 2014

State loan

On 18 June 2013, the National Monetary Council (CMN by its acronym in Portuguese) approved BRL 3,160 million (USD 1,459 million) for credit lines enclosed in the Fund for the Defense of the Coffee Eco...

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