MAP ORDINANCE No. 697, Coffee Economy Defense Fund - Funcafé
Fecha de inicio:
28/06/2024
Fecha de fin:
N/A
Description
MAPA Ordinance No. 697, issued on June 28, 2024, defines the allocation and contracting of resources from the Coffee Economy Defense Fund (Funcafé) to finance coffee production in the 2024/2025 harvest. The total amount allocated amounts to R$ 6,886,605,753.00, distributed across different credit lines: crop financing, marketing, coffee acquisition, working capital for the coffee industry, and recovery of damaged coffee plantations. The resources will be managed by accredited financial entities, selected according to investment and performance criteria established in the resolution.