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Global Trade Alert

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Brazil: Budget decreases for the "Funcafé" credit lines

Description

On 26 April 2012, the National Monetary Council (CMN by its acronym in Portuguese) approved BRL 2,065 million (circa USD 1,094 million) for credit lines enclosed in the Fund for the Defense of the Cof...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Apr 2012

Revocation date

27 Sep 2012

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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