President Lula announces 400bn reais ($71.8bn) funding for Brazil's agribusiness sector, with 76bn reais for family farmers.
President Lula unveils a record 400bn reais ($71.8bn) funding for Brazil's agribusiness sector, marking the second consecutive year under Lula. The Plano Safra crop financing plan will allocate 76bn reais for family farmers. The agricultural industry, accounting for a quarter of Brazil's GDP, makes it a major global exporter of coffee, soybeans, beef, and other products.
July 03, 2024
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