Favaro: Import Tax Rate Reduction Will Occur if Necessary

Reduction of import taxes on food should happen in a non-broad manner, through complementary measures, Brazil’s Agriculture Minister Carlos Favaro told journalists in Brasilia on Wednesday.

• There will be no unorthodox measures to curb food inflation, he said
• We will have an auction to get resources for producers in the coming months: Favaro
• Plano Safra crop financing plan will modernize rural insurance in response to climate change

Original Story:Fávaro: Redução das alíquotas ocorrerá em caso de necessidade

To contact the translator on this story:
Augusto Decker in Sao Paulo at adecker36@bloomberg.net

Reporter on the original story:
Franco Dantas in ...