May 29, 2024 15:01 GMT
Govt Announces $2.9B In Subsidized Finance For Business Following Floods
BRAZIL
- GOVT OFFERS BRL 15BN IN SUBSIDIZED FINANCE TO BIZ HIT BY FLOODS (BBG)
- BRAZIL'S LULA SAYS GOVT WORKING ON ANTECIPATED PLAN TO AVOID CLIMATE DISASTERS (Reuters News)
- To clarify the amount mentioned above: Brazil's government has announced a 15 billion reais ($2.9 billion) line of subsidized financing for businesses, including large companies, affected by floods in the Rio Grande do Sul state. Companies will need to maintain jobs to keep benefits, Finance Secretary Dario Durigan said. (BBG)
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