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Brazil: Government launches USD 255 million interest payment subsidy scheme for farmers affected by drought

Description

On 30 March 2022, the government of Brazil adopted Provisional Measure No. 1.111 establishing a BRL 1.2 billion (USD 255.6 million) interest payment subsidy scheme to support small farmers affected by...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Mar 2022

Revocation date

30 Jun 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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