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The Rio Times
The Rio Times
Americas · 24 mins ago
Brazil’s Farm Bailout Was Priced at $155bn. Now It’s $580m a Year
Fiscal Policy Key Facts —The spread. Finance Minister Dario Durigan first put the bill at R$800bn, then R$140bn over thirteen years. —The latest. On Thursday he said the negotiated version adds R$2bn to R$3bn ($388m to $583m) a year, plus implicit subsidy. —The volume. Around R$100bn ($19.4bn) of farm debt would actually be renegotiated, from […] The post Brazil’s Farm Bailout Was Priced at $155bn. Now It’s $580m a Year appeared first on The Rio Times.
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