Global Trade Alert
Global Trade Alert

Brazil: Government increases credit lines budget for rural producers included in the 2013/2014 Agricultural and Livestock Plan

Announcement

04 Jun 2013

The Government of Brazil launched the 2013/2014 Agricultural and Livestock Plan allocating credits lines to farmers with lower interest rates than those set at the market.

In this edition, the total budget for allocated to credit lines for rural producers was BRL 136 billion (USD 63.5 billion). In comparison with the 2012/2013 plan, the budget for these credit lines has increased by 18.1%.

Source

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Number of interventions

11

9 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Jul 2013

Revocation date:

30 Jun 2014

Updated: 04 Jun 2013
Interest payment subsidy
<p>Finally, the 2013/2014 Agricultural and Livestock Plan&nbsp;announced on June 4, 2013, by the Brazilian government also increased the budget for the interest payment subsidy applied to th...
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Updated: 04 Jun 2013
State loan
<p>Moreover, the budget set on the 2013/2014 Agricultural and Livestock Plan for the program MODERINFRA by the Government of Brazil on June 4, 2013, was also increased. The new budget was set at...
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Updated: 04 Jun 2013
State loan
<p>Likewise, the National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese) also created the program PSI Cerealista included in 2013/2014 Agricultural ...
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Updated: 04 Jun 2013
State loan
<p>Another newly created program presented at the Brazilian 2013/2014 Agricultural and Livestock Plan on June 4, 2013,&nbsp;was&nbsp;the Construction and Expansion of Warehouses Program ...
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Updated: 04 Jun 2013
State loan
<p>In addition, the Brazilian 2013/2014 Agricultural and Livestock Plan announced on June 4, 2013, also created a new credit line named Inovagro. This program has the objective to&nbsp;provi...
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Updated: 04 Jun 2013
State loan
<p>Furthermore, the budget set on the 2013/2014 Agricultural and Livestock Plan for the PROCAP AGRO program by the Government of Brazil on June 4, 2013, was also increased. The new budget was se...
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Updated: 04 Jun 2013
State loan
<p>Likewise, the government of Brazil also increased the budget for the Agricultural Carbon Reduction Program (i.e. ABC by its acronym in Portuguese) included in 2013/2014 Agricultural and Lives...
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Updated: 04 Jun 2013
State loan
<p>The Brazilian 2013/2014 Agricultural and Livestock Plan announced on June 4, 2013, also increased the budget for the PRONAMP investment credit lines. The new budget was set at BRL 13.21 billi...
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Updated: 04 Jun 2013
State loan
<p>On June 4, 2013, the Brazilian Government announced the 2013/2014 Agricultural and Livestock Plan. The plan allocated BRL&nbsp;97.6 billion (USD 45.6 billion) in the form of rural credits...
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Implementation date

01 Jul 2013

Revocation date:

30 Jun 2014

Updated: 04 Jun 2013
State loan
<p>The total budget allocated in the 2013/2014 Agricultural and Livestock Plan to the PRODECOOP program was also decreased. The new budget was set at BRL 350 million (circa USD&nbsp;163.5 mi...
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Updated: 04 Jun 2013
State loan
<p>On the contrary, the 2013/2014 Agricultural and Livestock Plan&nbsp;announced on June 4, 2013, by the Brazilian government, decreased the budget for the Program MODERAGRO. The new budget ...
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