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Marchesan stated that he had sent to all a letter containing information on the payment of the program and that the available resources would arrive before March 31, 2019. months before the end of the 2018/2019 agricultural cycle, the 30 June.
"We find that the remaining balance, of about 4 billion rubles, does not arrive before the end of March.There will be no money for the funding in the country's major machinery sector fairs, which begin just after this month, "said the president.
Entity data indicate that the line, fomented before of the National Bank of Social Economic Development ( BNDES) and with interests between 7.5% and 9.5 % per year, has already used R $ 5 billion out of the R $ 8.9 billion spent on current crop, according to Marchesan.
"In addition to fewer resources, disbursement has increased by 58 percent," he said. "They are all informed and I hope that additional funds will be reallocated," he said.
According to a survey, 30% of producers will invest in new machinery
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