The latest issue of our Brazil On The Record Newsletter is out! Every Monday, we bring you the most important laws, decrees, administrative acts, and executive orders which have been approved by the Brazilian government — and published on the Federal Register (the Diário Oficial da União).
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Losses of rural production
To the core: The government, by way of the Central Bank, reformed part of the rules involved with Proagro, which is the coverage given to credits hired by rural producers who lost their crops or suffered other issues due to atypical climate conditions. The measure takes away part of the obligations that the producer needs to submit to the bank in order to formalize loans as part of Proagro, and allows invoices issued on behalf of rural companies which are