Minister said that the proposal approved by the Senate goes beyond the agreement negotiated by the government, which will seek changes in the Chamber, propose vetoes and even appeal to the STF
The Minister of Finance, Dario Durigan, stated this Wednesday (June 10, 2026) that the rural debt renegotiation project approved by the Senate could generate a cost of R$140 billion for the National Treasury “in the coming years” and that public coffers do not have the capacity to cover the amount.
According to him, the government will seek changes in the Chamber of Deputies – where the project will return –, recommend vetoes to the president (PT) and even appeal to the Federal Supreme Court.
The statement was given to journalists after the bill was approved by senators. Durigan stated that the Ministry of Finance has not yet had access to the final text of the proposal and will carry out a detailed analysis before defining the next steps.
According to the minister, the preliminary estimate considers a universe of approximately R$200 billion in rural credit operations. The fiscal impact would correspond to around 70% of this value. The remainder would be paid by the beneficiaries of the renegotiation.
Durigan said previous versions of the proposal had an even greater impact. “We had an estimate of R$800 billion in 10 years, but the text changed a lot”he declared. According to him, the negotiations conducted by the economic team during the process reduced the expected cost.
Durigan highlighted that the government is not against the renegotiation of agricultural sector debts. According to him, the proposal created by the Treasury aimed to serve rural producers affected by losses resulting from climate events.
The minister declared, however, that the text approved by the senators expanded the scope of benefits beyond the group that the government considers a priority. For him, the measure transfers high costs to public accounts and other sectors of the economy.
“Those who need it are being served within what the government has built. Those who don’t need it will burden the rest of society as a whole. This needs to be made clear to the population”he declared.
THREATENS TO GO TO THE STF
Durigan stated that parts of the proposal may be questioned if they do not comply with the requirements of the Fiscal Responsibility Law.
“Parts of the project have to be reviewed in the Chamber of Deputies or, eventually, through veto by the President of the Republic. And, if necessary, we will question any action by Congress that does not comply with the Fiscal Responsibility Law in the STF”these.
The minister also warned of possible effects on the supply of rural credit. According to him, financial institutions and sector representatives have expressed concern about the scope of the proposal.
“A measure that goes beyond its limits could even bring harm to farmers”he stated, referring to a possible restriction on credit.
The project still needs to be analyzed by the Chamber of Deputies before proceeding to presidential sanction or veto. According to Durigan, there is no expectation of immediate effects for rural producers until the process is completed.
