The Minister of Agriculture and Livestock, Carlos Fávaro, announced this Tuesday (6) the release of R$ 3.6 billion for the Safra Plan (Safrinha) and R$ 4 billion in a line of financing in dollars for investments in credit rural – for the construction and expansion of warehouses, irrigation works, formation and recovery of pastures, generation and distribution of energy from renewable sources and environmental regularization of the property. The announcement was made during the opening of the Bahia Farm Show, in Luís Eduardo Magalhães (BA). President Luiz Inácio Lula da Silva also participated in the event. “The dollarized line is no longer just for investments in machinery. It is now a credit line for programs. Everything the producer needs, whether it be the purchase of limestone, the conversion of pastures into agricultural areas, all investments in machines, warehouses. Even the civil construction of these works will be financed by this dollarized line of credit”, he explained. The minister also highlighted a line of credit to support side roads, which allow the flow of goods and services in the rural areas of the municipalities. In general, these routes are generated by taking advantage of existing trails and paths, conditioned to a geometric layout full of strong ramps and sharp curves. “We’ve already talked to Gov. [da Bahia, Jerônimo Rodrigues]O [ministro da Casa Civil,] Rui Costa, the group of deputies from the state of Bahia, so that we can form partnerships on side roads. The Ministry of Agriculture, the government of the state of Bahia, the government of President Lula and the producers to replace wooden bridges, tubular galleries, gravel the roads, integrate with the paved roads and make logistics more competitive”, stated Fávaro. Investment According to Ministry of Agriculture, the resources will be made available by the National Bank for Economic and Social Development (BNDES). of grace period. In all, in this first semester, the BNDES makes available around BRL 11 billion for the agricultural sector. Banco do Brasil, in May 2023, recorded the largest investment in its entire history in the sector, totaling approximately BRL $15 billion.
Agência Brasil
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