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MIL OSI Translation. Region: Portuguese / Latin America –

Source: Republic of Brazil 2

FUNGETURFocused on attracting and accrediting new credit unions with the Ministry of Tourism, OCB launches an online booklet with information about the Fund

By Lívia Nascimento

In order to increase the participation of credit unions in the General Tourism Fund (Fungetur), of the Ministry of Tourism, the Organization of Brazilian Cooperatives (OCB) has just launched an information booklet that provides guidance on the Fund. The document, which provides details on financing, necessary documents, contacts for questions, among other information, is available for download on the OCB website. The National Secretary for Attraction of Investments, Partnerships and Concessions, Lucas Fiuza, reinforces the importance of expanding the list of accredited institutions to operate the Fund. “We have the largest credit offer in the history of Fungetur to support the sector in this moment of crisis, but to ensure that the money arrives quickly to all corners of the country, we need more institutions to qualify within Fungetur,” he said . “And this partnership with OCB is fundamental for us to achieve our great objective, which is to help Brazilian tourism”, he explained. The booklet aims to disseminate Fungetur to operators and borrowers, focusing on credit unions and the others registered in the register of MTur tourist service providers. By expanding the service network throughout Brazil, the Ministry ensures that more entrepreneurs are able to request access to credit.Credit – On September 8, Law 14.051 / 2020 was published in the Federal Official Gazette, which provides for a credit of R $ 5 billion to assist tourism enterprises through Fungetur. The resource, which represents the largest financial transfer in the history of the sector, is intended for service providers enrolled in Cadastur and can be used in projects, working capital and in the purchase of machinery and equipment. Who can be accredited? Official financial institutions, legal persons of public or private law, legally constituted, qualified, with economic and financial integrity and legal-fiscal regularity; Have a relevant corporate purpose and compatible with the object of accreditation; Who have not suffered a penalty of suspension or declaration of disqualification Public Authorities; Financial institutions authorized to operate by the Central Bank of Brazil. Edition: Rafael Brais

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

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