Minister of Finance participated this Tuesday (05) in Jornal Jovem Pan and spoke about the launch of the new Desenrola and how FGO will work
The Minister of Finance, Dario Durigan, stated this Tuesday (05) that, if necessary, the government will place up to another R$5 billion in the guarantee fund for the Desenrola program – Operations Guarantee Fund (FGO).
“If there is a need for people to continue renegotiating, the government is willing to invest up to R$5 billion. guarantee fund here is to enable renegotiation at interest rates of up to 1.99%, using the most rational and transparent instruments we have”, declared the minister in an interview with Jornal Jovem Pan.
On Monday (05), the Lula government launched the new Desenrola, which allows use of up to 20% of FGTS to pay debts. According to the Minister of Finance, the program is already in effect and people are already being called upon to “not waste time” and “see the possibility of renegotiating the debt and clearing their name”.
According to him, so that renegotiations can be carried out with wide discounts, which can reach up to 90%, the government is committing not to pay its debts, but to ensure, together with the citizen who is renegotiating their debts, “that they are committed to continuing to pay their bills.”
“The government is providing a guarantee to reduce the risk of the banking system as a whole. The guarantee fund already has R$2 million of the contribution that came from the public budget and was approved and validated”, he explained. According to him, the program starts running with these R$2 million and, in addition to this, there is the unredeemed resources from the financial system, which are the resources that are left over in the banks.
“We are taking the forgotten money and transferring it to the private fund. This resource will guarantee the banking system itself to improve the situation”, explained the minister, who stated that the third hypothesis, if necessary, will be to place up to R$5 billion in the guarantee fund for the Desenrola program.
New Unrolls
The new Unroll Brazilthe debt renegotiation program, The difference in the phase is the possibility of using the Service Time Guarantee Fund (FGTS) for debt reduction.
The target audience for the new phase of Desenrola are individuals with an income of up to five minimum wages, students, family farmers, retirees and pensioners, micro and small companies.
The federal government estimates that financial institutions will grant discounts of up to 90% to defaulters. Discounts on the value of the debt will be between 30% e 90%and interest of, at most, 1,99%.
In the first edition of the program, in 2023, around 15 million people renegotiated more than R$53 billion in debt.
According to government data, the reduction in default reached 8.7% for those who earn up to two minimum wages or were registered in the Single Registry for social programs.
