In January, the state-owned companies recorded a deficit of R$4.9 billiona record for the period considering nominal values – without correction for inflation. According to the fiscal statistics report of the Banco Centralin the last twelve months, the state-owned companies accumulate a deficit of R$9.7 billion.
The record deficit result comes at a time when Correios is going through a financial crisis. According to the National Treasury, the loan of R$12 billion disbursed in 2025 to cover part of the Post Office deficit 78% of the outstanding balance of credit operations guaranteed by the Unionamong state-owned companies.
This week, the CMN (National Monetary Council) approved the increase in the loan limit for Correios by R$8 billion. In a statement, the CMN said that the expansion is to ensure the continuity of the state-owned company’s Economic-Financial Restructuring Plan.
Furthermore, there is the possibility that the new resources will not be captured via loan, but through a direct contribution from the National Treasury itself to the company.
