Palácio do Planalto seeks to accelerate an agenda of financial relief for the population through the new version of Desenrola, but the movement was already born under market surveillance. For example, fears that the new debt renegotiation program is part of an even broader so-called package of kindness and does not resolve structural debt problems among Brazilians.
The government wants the program to reach the population quickly. The debt renegotiation program was published in an extra edition of the Official Gazette of the Union this Tuesday (5) afternoon, detailing operating rules.
Despite previous discussions, it is now that financial institutions will have full access to the standards, which involves team training and technical adjustments to make operations viable.
The economic team is betting that the effects of the program — expansion of credit and improvement in consumption capacity — could go hand in hand with an environment of falling interest rates.
Part of the financial market and the opposition, however, sees the risk that the initiative will be interpreted as an additional stimulus to the economy at a sensitive time for controlling inflation, especially in an election year.
In an interview with Roda Viva this Monday (4), the Minister of Finance, Dario Durigan, minimized this risk of inflation and stated that the impact of the program is limited given other factors that put pressure on prices, such as the international scenario of wars and climate events.
Behind the scenes, the government is also evaluating expanding the scope of Desenrola. The idea is not to restrict itself just to defaulters, but to reach consumers who, although in compliance, are . According to the department’s executive secretary, Rogério Ceron, new actions are still being studied.
In parallel, Planalto keeps open the discussion on the so-called “blouse tax”, which deals with the taxation of low-value international purchases. The topic still divides areas of the government, especially due to the potential impact on industry and national retail.
The eventual relaxation of this charge is seen internally as another gesture of relief for the consumer – and voter. At the same time, it reinforces the main challenge facing the economic team at this time: accelerating stimulus measures without compromising fiscal responsibility or straining the relationship with the market.
