The Minister of Agriculture, Livestock and Supply (MPLS), Blairo Maggi, said on Thursday (08), during a visit to Expodireto Cotrijal, that the total resources of the new Plan Safra, referring to the 2018/19 cycle, should be similar to the volume made available the previous season, due to the new spending ceiling bill.
According to the minister, as inflation in 2017 was low, the increase in the amount of resources of the Safra Plan will also be small.
On the other hand, as the Selic fell to 6.75% a year, the financing interest of the new Plan should also retreat.
The current Safra Plan offered R $ 188.3 billion. Interest rates are between 7.5% and 11.75% per year.