Operational issues impede access to credit
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Minister of Agriculture, Livestock and Supply, Reinhold Stephanes, said today (5), in Sao Paulo, a significant improvement in the conditions of agricultural production, the effects of international financial crisis. However, he said, there are difficulties for the rescue of the agribusiness sector. Despite the adoption by the National Monetary Council (CMN), last month, the release of a credit line worth $ 10 billion for the sector, not all who need money to keep the activities have had access to resources.
"The difficulty we're having at the moment is to get the money to arrive, effectively, to the point, because of operational issues of banks," said Stephanes, after participating in the meeting Prospects for the Agribusiness in 2009 and 2010, promoted the Mercantile Exchange and the Futures and Stock Exchange of São Paulo (BM & F / Bovespa), in conjunction with the ministry.
He noted that, as entrepreneurs, the government advocates the need to expedite the release. Even President Luiz Inácio Lula da Silva, according to Stephanes, has said he "does not help relieve the patient after he died."
On the definition of the 2009/2010 harvest plan, the minister said that the data should be released in June.
Source: Agência Brazil
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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