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MIL OSI Translation. Region: Portuguese / Latin America –

Source: Republic of Brazil 2

AUDIOVISUALColegiado also authorized the creation of new lines of investment for the audiovisual sector

By National Cinema Agency (Ancine)

The Management Committee of the Audiovisual Sectorial Fund met on Wednesday. Credit: Roberto Castro / MTurThe Management Committee of the Audiovisual Sectorial Fund (CGFSA) met this Wednesday (12.08), by videoconference. It was the second meeting chaired by the Minister of Tourism, Marcelo Álvaro Antônio. The meeting had as main themes the solution of the budgetary and financial situation of the FSA and the approval of proposals for the maintenance of the Brazilian audiovisual policy. Accompanying the meeting in person in Brasília, the Special Secretary for Culture, Mário Frias; the executive secretary of the Ministry of Tourism, Daniel Nepomuceno; Ancine’s substitute CEO, Alex Braga; and Ancine’s substitute director, Vinícius Clay. The first point presented at the meeting was the end of the solution cycle for the Fund’s operational, budgetary and financial situation. In this sense, the measures adopted by Ancine were informed to deal with the approximately 4,200 projects with analysis of accountability in arrears and to recover its capacity to foster the sector. Next, a series of measures were approved for the FSA budget and financial regularization, with emphasis on authorizing the use of financial resources for the years 2019 and 2020, for contracting investments related to previous years and corresponding remuneration for financial agents. The resolution equates the financial gap found and the deficit for the financial agent’s remuneration. Considering the forecast of financial balance, the Steering Committee also authorized the creation of new lines of investment, which will be prepared by the Special Secretariat for Culture and Ancine. Minister Marcelo Álvaro Antônio stressed the importance of the regularization and compliance measures adopted by the Committee. “It is a pleasure to know that the public policy of the Audiovisual Sectorial Fund Management Committee has been carried out with the utmost responsibility, which is an orientation not only by President Jair Bolsonaro but also by the control bodies”, he said. a balance of emergency credit lines, which are still open, and the Special Program for Supporting the Small Exhibitor (PEAPE) was presented, in the total amount of R $ 408.5 million, which guarantee the preservation of jobs and companies impacted economically by pandemic. The small exhibitor support program, which had its registrations closed yesterday, will cover 78% of the complexes with up to 4 theaters in the country, serving 172 companies, corresponding to 252 exhibition complexes and 533 cinemas, in 23 federative units of the five regions of Brazil.The Special Secretary for Culture, Mário Frias, highlighted the union of the bodies to develop the work that will resolve issues of the artistic class and directly benefit the exhibitors. “The decisions we make are fundamental for this sector, which is perhaps the most affected at the moment,” he commented. Ancine’s substitute CEO, Alex Braga, stated that Ancine seeks to implement a new type of governance in Brazilian audiovisual policy. “With the coping with accountability liabilities and the recovery of operational capacity, it is possible to continue with the promotion of audiovisual activity. However, a balance is needed between the inspection of resources and the investments made. With fiscal responsibility in the management of the Fund, investments continue, from now on, in a more organized and transparent manner. ”As proposed by Ancine, the Management Committee approved the application of criteria for carrying out complementary analysis and contracting audiovisual projects financed with Fund resources. Priority will be given in the analysis to projects already filmed, as well as animation and electronic games projects in production, and those with commercialization and distribution completed. Projects that have not completed production should be diligent about a possible adaptation to the current reality. It was also decided to reestablish the requirement to prove the guarantee of financing of at least 80% of the project, as a priority criterion for contracting the project. Finally, the renewal of the contract between Ancine and BNDES, a bank that acts as the Fund’s financial agent, was approved. As a result, new credit actions are planned for the audiovisual production chain, especially those aimed at expanding the Brazilian exhibition park and developing the production infrastructure.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure is not perfect.

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