The initiatives include R $ 30 billion in credit line
The government of President Luiz Inacio Lula da Silva announced a rescue plan on Wednesday (13) to help companies affected by the 50% rate imposed by the United States.
The package includes a series of measures and the main one is a credit line with an initial value of $ 30 billion to help the companies affected by the new rate.
In addition, it provides for the postponement for a maximum of two months in the payment of federal taxes and contributions and public purchases of perishable, such as fish, fruit and honey, which have been paralyzed by the entry into force of the supplement, on August 6.
The presentation of the initiative takes place in an event at the Planalto Palace, attended by Lula, ministers and businessmen, as well as the presidents of the Chamber, Hugo Motta (Republican-PB) and the Senate, Davi Alcolumbe (Brazil-AL Union).
In a declaration, the vice -president Geraldo Alfine ranked the rate as “injustice” and announced the increase in the reintegration program, created to encourage exports. Micro and small businesses will receive 6% of the exported amount, while the largest will receive 3%.
“We made a vast audience, listening to the production sector, the countryside, the industry, the mines, the exporters, the Brazilian companies, the Americans and we all know of the agaustizia that occurs. Of the 10 products that the United States export more for us, eight have a zero rate,” he said.
In addition, Lula’s deputy stressed that government purchases from municipalities, states and unions should prioritize the products produced by tariff companies.
The Minister of Institutional Relations, Gleisi Hoffmann, explained that the package represents the defense of national sovereignty and democracy. “Brazil and the world are witnesses that this situation, which we consider a real blackmail, has been caused by those who have tried to abolish the state of democratic law and now respond for their crimes before the law and justice,” he said.
Source: Terra

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