Industry

Government will allocate $41.5 mm to family producer in pandemic

The government will allocate an additional R$ 220 million ($ 41.5 mm) in purchases to serve family farmers with marketing problems caused by the pandemic. As a result, public acquisitions are expected to reach R$ 850 million ($ 160mm) in 2020. Recently, a provisional measure released an extra R$ 500 million ($ 94 mm) for the Food Acquisition Program after requests from the productive sector and articulation by the Minister of Agriculture.

Source: Valor Investe

Categories: Industry