The Minister of Agriculture and Livestock, Carlos Fávaro, announced this Saturday (27) the launch of a new line of credit for rural producers to convert pastures, with subsidized interest of less than 5% per year. The resources will be obtained through an agreement between Brazil and the Japanese government’s cooperation agency, Jica.
During the opening of the 89th ExpoZebu, in Uberaba (MG), Fávaro also promised that the new Safra Plan will serve producers who have “flat income” at the moment. “President Lula told me that we cannot let producers who have difficulty, due to lack of price, income or bad weather, fall into default”, highlighted the minister.
According to him, the “re-scheduling of investment debts” for all Brazilian producers has already been approved. “No producer will be left out if they are in need. Just file a document with your bank stating your technical inability to pay and it will be taken care of and we are vigilant about all of this.”
In addition to Fávaro and the president of the Chamber, Arthur Lira, governors Elmano de Freitas (Ceará), Ronaldo Caiado (Goiás) and Romeu Zema (Minas Gerais) were present at the opening of ExpoZebu. During the event, agribusiness leaders demanded more measures from the government to contain the actions of the Landless Rural Workers Movement (MST).
In April, the movement carried out a series of occupations in defense of agrarian reform.
