Global Trade Alert
Global Trade Alert

Brazil: Budget increases for the Coffee Economy Defense Fund

Announcement

18 Feb 2014

The Brazilian government increased to BRL 3,825 million the total budget allocated to the Coffee Economy Defense Fund credit lines known as "Funcafé".

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Feb 2014

Revocation date:

31 Dec 2014

Announced: 18 Feb 2014
Trade finance
The National Monetary Council of Brazil also approved on 18 February 2014 the distribution of BRL 250 million (USD 104.5 million) in credit lines to finance coffee exports as part of the Fund for the ...
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Implementation date

18 Feb 2014

Revocation date:

02 Jun 2015

Announced: 18 Feb 2014
State loan
On 18 February 2014, the National Monetary Council (CMN by its acronym in Portuguese) approved BRL 3,575 million (USD 1,495 million) for credit lines enclosed in the Fund for the Defense of the Coffee...
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