Global Trade Alert
Global Trade Alert

Brazil: Government changes resources for the Fund for the Defense of the Coffee Economy

Announcement

07 Jan 2013

The Brazilian Central Bank announced changes to the credit lines enclosed in the Fund for the Defense of the Coffee Economy ("Funcafé").

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

07 Jan 2013

Revocation date:

28 Feb 2013

Announced: 07 Jan 2013
State loan
Resolution 4180 issued by the Brazilian Central Bank on 7 January 2013 also decreased from BRL 50 million (circa USD 25 million) to BRL 10 million (USD 5 million) the resources allocated to financing ...
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Implementation date

07 Jan 2013

Revocation date:

31 Jul 2013

Announced: 07 Jan 2013
State loan
On 7 January 2013, the Brazilian Central Bank issued Resolution 4180 changed the resources allocated to funding enclosed on the Coffee Economy Defense Fund. The new budget was increased from BRL 550 m...
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