According to the Minister of Finance, Dario Durigan, the program must have lines of credit with ‘very low interest’
As new measures prepared by the federal government to try reduce debt of Brazilians should be announced next Monday (4)sources familiar with the negotiations told Reuters on Wednesday.
The package of measures, which is being internally called Desenrola 2.0, was closed on Tuesday morningwhen the design was presented to President Luiz Inácio Lula da Silva.
As measures aim to enable discounts of up to 90% on debtsespecially in credit card outstandings, overdrafts and unsecured loans, according to the sources.
According to the Minister of Finance, Dario Durigan, the program must have credit lines with “very low interest rates”, which will be made possible through funding from the National Treasury to the Operations Guarantee Fund (FGO) to grant Union guarantees to banks.
Furthermore, or to pay off your debtsat least in part.
The new program for those in debt is one of the government’s bets to improve public sentiment in an election year.
Internal research shows that the high level of debt has created pessimism among the population. Despite high levels of employment and rising income, the feeling that the personal situation is not improving.
The Lula government has already implemented another program with this objective, Desenrola, which renegotiated R$53 billion in debts of approximately 15 million people between 2023 and 2024. However, population debt data continued to rise in the midst of credit stimulus initiatives and high interest rates, and the conclusion was that further relief was needed now.
Lula is expected to mention the new measures against debt in a speech he will make on Thursday, on the occasion of Labor Day, on May 1st, said one of the sources. THE The intention is to show that the government is working to help familiessaying that the program will be presented soon.
The main theme of the statement, according to the sources, will be the defense of the end of the 6×1 work schedule, after a bill sent by the Executive to Congress, since internal research show that they have support from 70% of the population as. This is another of the government’s bets for this year’s elections.
