Brazil’s government presented measures to offer credit for agriculture, infrastructure, industry and construction, as Latin America’s biggest economy struggles to regain investor confidence and stem job losses amid its worst downturn in decades.
As much as 83 billion reais ($20.4 billion) will be offered at rates set by Banco do Brasil, Caixa Economica Federal and state development bank BNDES to help Brazilian companies weather the recession and hold on to workers, Finance Minister Nelson Barbosa said. The additional financing doesn’t conflict with monetary policy and doesn’t represent an additional cost to taxpayers, since rates won’t be subsidized, Barbosa said.
Brazil Energy Insight 
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