Government expands credit to companies affected by tariff.

Government expands access to emergency credit.

The National Monetary Council (CMN) approved on Thursday (13) changes that expand access to the emergency lines of the Sovereign Brazil Plan, intended for companies affected by the increase in tariffs imposed by the United States. The new rules, announced by the Ministry of Finance and the MDIC, include suppliers of exporters among the beneficiaries and make revenue criteria more flexible.².

Impact and scope

The Sovereign Brazil Plan, with total resources of R$30 billion, was created to preserve liquidity, sustain production, and protect jobs in the sectors most affected by the tariff shock.⁴. Now, companies with at least 1% of their gross revenue impacted by tariffs can apply for financing, in addition to direct suppliers of exporters.².

Government position

In a statement, the Vice President and Minister of Industry, Foreign Trade and Services (MDIC), Geraldo Alckmin, stated that the government is acting on two fronts: diplomatic negotiations with the US and direct support to the productive sector.². The Minister of Foreign Affairs, Mauro Vieira, informed that Brazil has already submitted a negotiation proposal to the US, following a technical meeting between the teams of the two countries.².

Impacts on the productive sector

• Expansion of the number of companies eligible for credit.
• Inclusion of exporter suppliers
• Flexibility in billing criteria
• Job protection and maintenance of production.

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