Brazil Announces R$500 Million Credit Line to Truckers to Avoid Strike

With the effects of last year’s truck drivers’ strike still fresh on the Brazilian population’s mind government officials are trying desperately to keep truckers’ content.

By Dorah Feliciano, Contributing Reporter

BRASILIA, BRAZIL – The Brazilian Development Bank (BNDES) announced it is opening up a R$500 million credit line for independent truckers while the federal government declared it will invest R$2 billion for the construction, repair, and maintenance of the nation’s highways. With the announcements, the government seeks to avoid a new truckers' strike.

"We have to deal with the reality of the choice that Brazil made five decades ago, of the highway model, and to demonstrate our respect and appreciation for the truck drivers and the supply of the Brazilian population," said Chief . . .

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