Politics · Brazil · 3 hrs ago

Santa Catarina announces R$1.2 billion climate recovery package

Santa Catarina announces R$1.2 billion climate recovery package

Santa Catarina announced about R$1.2 billion in recovery support for municipalities, businesses and rural producers hit by extreme weather.

The storms, floods, strong winds, hail and tornadoes affected 120 municipalities in the southern Brazilian state between September and November.

About 12,000 homes were affected, more than 1,500 people were left homeless, and estimated material and economic losses reached R$863.9 million.

Municipalities may receive R$200,000 to R$1 million each for public infrastructure and essential services, but must meet state emergency-status requirements.

Businesses will have access to R$100 million in loans, while some companies will get more time to pay state sales tax and file tax declarations.

Farmers will receive support to restore production, including interest-free loans to repair damaged structures, machinery and equipment.

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