Brasília – Today’s edition (10th) of the Official Gazette announces the introduction of a measure that forecasts financial aid from the federal government to states and municipalities for encouraging exports.
According to Provisional Measure 464, the federal government will have 1.95 billion reals (US$ 1 billion) to foster exports, a figure that should be passed on to the states and municipalities within ten days.
Furthermore, the measure provides for the participation of the federal government in hedge funds for micro, small and average-sized companies, with a maximum value of 4 billion reals (US$ 2 billion).
*Translated by Gabriel Pomerancblum
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