From the Newsroom*
São Paulo – The government of Brazil is going to turn US$ 18.6 billion to the 2005/2006 Agriculture and Livestock Plan. The value represents a growth of 12.4% over the total invested in the last crop, according to an announcement, last week, by the minister of Agriculture, Livestock and Supply, Roberto Rodrigues.
Of the total, US$ 13.9 billion will be invested in the financing of production and trading of the crops. Funds for financing will total 4.7 billion. "We want to invest in projects for environmental and sanitary compliancy and in those that add value to agricultural products," stated Rodrigues.
*Translated by Mark Ament
