Treasury Secretary Rogério Ceron announced an upcoming line of credit for large companies in Rio Grande do Sul, funded by the Climate Fund. This initiative aims to provide financial support to industries affected by recent disasters in the state.
The Climate Fund, managed by the Environment Ministry and BNDES, will allocate resources for this new credit line. BNDES recently signed a contract for BRL 10.4 billion in projects for 2024, focusing on green initiatives.
The federal government is actively working on economic recovery measures for the state, including debt payment suspensions, support for workers, and housing initiatives. The reconstruction effort is expected to be significant, with estimates suggesting it could take up to a decade to fully recover infrastructure.
Various sectors, such as agriculture, have suffered significant losses due to recent events, emphasizing the urgent need for financial assistance and long-term planning for rebuilding efforts in Rio Grande do Sul.
\
[ad_2]
Source link
