Haddad announces support for cotton in the Sovereign Brazil Plan

In the afternoon of this Wednesday, August 13, the Minister of Finance, Fernando Haddad, made a nod to the cotton sector in his speech during the launch of the Sovereign Brazil Plan. The plan, which offers alternatives to sectors of the economy that are being directly affected by tariffs imposed by the United States on Brazil, was published as a Provisional Measure that, in addition to guaranteeing lines of credit, also brings other proposals that can mitigate, in the short and medium term, the problems generated by the reorganization of the global economy. Among the proposals, the dedicated monitoring, which recognizes the vulnerability generated by the economic scenario to sectors indirectly affected, may include the cotton chain in the measures to contain the damages. Check out the main points of the plan: Access to privileged lines of credit The MP releases R$ 30 billion for affected exporters, these resources are allocated to the Export Guarantee Fund and will be available at ...