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Record and dollar reduction will help with food price, says Alckmin

BySimon Rousseau Posted onJanuary 25, 2025 7:31 am
PGR contests filing of action against Alckmin on suspicion of slush fund in 2014

The Vice President of the Republic and Minister of Development, Industry, Commerce and Services, Geraldo Alckmin, said on Friday, 24, that the agricultural crop record and the reduction of the dollar against the real are factors that will help reduce the price of Food this year, a subject that became the main topic of President Luiz Inacio Lula da Silva and his assistants this week. Alckmin also recalled that “other studies” are being done by the government.

“We will wait, but the initiative is positive,” the vice president told journalists after attending an event at UGT, in São Paulo.

He recalled that in 2024 an intense drought hurt some productions and that the harvest this year, record, will take the pressure on prices.

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Fávaro also said that the ministry will continue to encourage food production in Brazil, as occurs from the first day of the Lula administration

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Minister also said that the year 2025 has the prospect of a supersafra, which should increase supply and cheaper food

“The other is the dollar. You have fertilizer, fuel, equipment, a lot that is contaminated by the dollar. So, with the dollar reduction, it will also help. Today has had a break, ”said Alckmin, who also cited Conab regulatory stocks and the exemption of the basic basket that was approved in the tax reform.

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Earlier, the Minister of the Civil House, Rui Costa, said that the government will act to reduce the import rate of foods that are more expensive in the domestic market compared to the international market. “All products that have higher internal price than external, we will act immediately in the import rate,” he said.

Simon Rousseau
Simon Rousseau

Hello, I'm Simon, a 39-year-old cinema enthusiast. With a passion for storytelling through film, I explore various genres and cultures within the cinematic universe. Join me on my journey as I share insights, reviews, and the magic of movies!

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