The Brazil Government Provides 30 Re Al Subsidies To Shoes And Other Industries.

On the 13 day, the Brazil government announced that it would increase its appreciation to the US dollar, which was damaged by the appreciation of the US dollar, such as leather, decorative stones, textiles, footwear, automobiles, timber and so on, which provided 3 billion reaal (about 1 billion 600 million US dollars) subsidy. The target of the subsidy was the enterprise whose annual output value was less than US $300 million.