[ad_1]
In the midst of the tension of producers and the risk of reduction by the economic team of the credit offer subsidized by the National Treasury, the Minister of Agriculture, Tereza Cristina, warns that a radical "weaning" subsidies can disrupt the agri-food sector, which accounts for 20% of GDP, registers the state.
"Let's break agriculture – is it the goal – I am sure it is not," said the minister. "Impossible to create a panic on the ground: the money is over! It's not like that."
The tension rises between the producers after Rubens Novaes, president of the Bank of Brazil, told the newspaper that "the bulk of rural activity" can be financed by market rates.
Paulo Guedes also warned at the World Economic Forum in Davos that he planned to cut $ 10 billion from all the treasury grants in 2019.
Tereza said the government was developing a new model of financing of the agricultural sector, but nothing will be done unilaterally by the economic zone:
"We must be very careful because we are talking about 20% of GDP, which is the agri-food sector that does it. Will it happen? When will it happen? Is it a radical step? I play until weaning.You can do the radical and controlled weaning.It is still a lot in the "Our teams are now sitting down to discuss."
Source link
