
With a large majority of 60 votes, the Legislative Assembly approved a further extension to the Special Temporary Law for the Suspension of Foreclosures on Loans Granted to the Coffee Production Sector, extending its validity until january 1, 2027, as a financial relief measure for the country’s coffee producers.
The legislative decision aims to support the reactivation of the sector by suspending foreclosures resulting from debts incurred with the Fondo de Emergencia para el Café (FEC) and the Fideicomiso Ambiental para la Conservación del Bosque Cafetalero (FICAFE). This seeks to provide greater stability to producers, allowing them to reorganize their finances and protect their productive assets.

According to the approved measure, the extension provides additional time for individuals and legal entities involved in coffee farming to strengthen their operations, in a context marked by financial difficulties, fluctuations in international prices, and the cumulative effects of climate events. The coffee sector is considered strategic not only for its economic contribution but also for its impact on rural employment and environmental conservation.
The original regulations were approved in january 2022 as a temporary measure to suspend foreclosures related to these loans and facilitate the sector’s recovery. Subsequently, the deadline was extended to december 31, 2024, and later extended again to january 1, 2026. With this new amendment, the benefit is extended for an additional year.

Lawmakers emphasized that the extension aims to ensure the continuity of support for the coffee sector, considered key to the national economy and the sustainability of large rural areas of the country, while also protecting coffee forests and the livelihoods of thousands of families who depend on this activity.
You can also read:
