There were around R$1.2 billion to be paid over up to 10 years just for the emergency credit line
The released on Thursday (9.Jan.2025), a balance with the support measures by the federal government to mitigate the impacts caused by the municipalities in 2024. According to the ministry, more than R$2.5 was allocated billion for the recovery of family farming in the State.
These amounts were allocated to extraordinary credits, discounts on debts, emergency financing, support for road and housing repairs.
For the emergency credit line alone, there were around R$1.2 billion to be paid over up to 10 years, with a grace period of 3 years and a 30% rebate on the contracted amount – limited to R$25,000 in municipalities experiencing public calamity; and R$20,000 in municipalities in emergency situations.
According to the ministry’s balance sheet, R$1.9 billion was allocated for subsidies that benefited more than 80,000 borrowers, with more than 140,000 credit operations.
The 2024 floods 96% of , leaving 478 municipalities in calamity or emergency; affecting, in some way, around 2.3 million people.
With information from .
