EFE, 06/29/2012
President Dilma Rousseff Thursday unveiled a 115-billion-reais (USD 57 billion) loan programme aimed at reinforcing agriculture’s role as a lever of Brazilian economic growth.
Rousseff defined the plan for the 2012-13 season as “a new tool against the global crisis” that will underpin the government’s efforts to create employment and mitigate the effects of economic turmoil abroad.
“This plan will show that Brazil is one of the few countries that can create new jobs amid the very serious sovereign debt crisis affecting the world,” she said during the ceremony at the Planalto presidential palace, describing agriculture as a strategic sector.
[...] although auto output itself has not rebounded. However, the results of similar stimuli, such as the monumental new agricultural loan program announced this week, have yet to be [...]