Brazil may roll out new support package after oil shock, BNDES president says
RIO DE JANEIRO, March 17 (Reuters) - Brazil's government may launch an aid package to address the impact of the oil crisis, the president of state development bank BNDES said on Tuesday.
The measures would represent a new phase of a package introduced last year to support exporters hit by higher U.S. tariffs, BNDES President Aloizio Mercadante said.
The first edition of the plan included credit at affordable interest rates.
There is a surplus of 6 billion reais ($1.15 billion) remaining from the first phase of the plan, Mercadante said.
Fertilizers and sectors that are still subject to U.S. tariffs above 15% will be prioritized, he added.
"There are already talks with Vice President Geraldo Alckmin on this," Mercadante said.
($1 = 5.2082 reais)
