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Vice President announces R$ 10 billion in credit for agricultural machinery modernization

2 sources · 27 Apr 2026 · Share coverage ·

Vice President Geraldo Alckmin announced on Sunday (26) in Ribeirão Preto a R$ 10 billion credit line from the MOVE Brasil program to finance tractors, harvesters and other agricultural equipment during the opening of Agrishow 2026. Alckmin said the government is preparing a program to renegotiate rural debts.

The MOVE Brasil program was initially launched for truck fleet renewal in January 2024, offering R$ 10 billion in credit with reduced interest rates. The previous program was highly successful, being exhausted in just 60 days due to high demand.

1. What we know (5)

Geraldo Alckmin announced R$ 10 billion in MOVE Brasil credit for agricultural machinery on Sunday (26) during Agrishow in Ribeirão Preto

2 sources A Tarde Revista Fórum

The credit will be available within about three weeks with reduced interest rates, operated by Finep, cooperatives, private banks and Banco do Brasil

2 sources A Tarde Revista Fórum

The measure follows the MOVE Brasil model for trucks launched in January, which had the available R$ 10 billion exhausted in 60 days

2 sources A Tarde Revista Fórum

Alckmin said the government is preparing a rural debt renegotiation program for both delinquent and current producers

2 sources A Tarde Revista Fórum

Resources come from FNDCT surplus, allowing financing conditions with reduced interest rates

2 sources A Tarde Revista Fórum
2. Where coverage thins out (2)

Covered by only some sources, or where the accounts diverge.

Covered by only some sources (2)

Minister Fernanda Machiaveli participated in the event and spoke about family farming modernization

Reported by: Revista Fórum
Did not cover: A Tarde

Minister André de Paula said the Mercosul-European Union agreement will enter into force on May 1st

Reported by: Revista Fórum
Did not cover: A Tarde
3. What we don't know yet

No gaps declared — all sources converge on the material facts.

All sources

2