Brazil Issues Executive Order to Renegotiate Near $20 Billion in Rural Farm Debt

Brazil · Economy Key Facts —Targeted relief The measure focuses strictly on producers who can prove severe losses from successive climate events or a price-driven income drop exceeding 30%, not blanket amnesty. —Differentiated interest rates Interest rates are set by size: about 5-6% for small farmers, 8-9% for medium, and 11-12% for large agricbusinesses, all…