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[BUSINESS] · Brazil · 2 sources

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Mato Grosso manages tax incentive debates and agricultural investments

In Mato Grosso, Brazil, a debate has emerged regarding the impact of tax incentives. Reports indicate that companies linked to a major agribusiness family received R$ 28.5 million in tax benefits between 2019 and 2025, while members of that family made approximately R$ 2.8 million in electoral donations. State data shows that total tax benefits granted by the state rose from R$ 3.42 billion in 2019 to R$ 15.6 billion in 2025, reaching a cumulative total of R$ 65.5 billion during this period.

Simultaneously, the state has opened applications for the MT Produtivo – Development and Sustainability program. This initiative, which involves a total investment of US$ 100 million—with US$ 80 million funded by the World Bank and US$ 20 million from the Mato Grosso government—offers up to R$ 3 million per project for family farming associations and cooperatives. The program aims to expand production, improve infrastructure, and facilitate access to new markets across 61 selected municipalities.

Entities

Mato Grosso · World Bank