Chamber approves renegotiation of rural debts and expands benefits to producers
Graduated in journalism from Mackenzie Presbyterian University, he has been covering politics in Brasília for two years. He was a reporter for an affiliate of TV Globo. He covered the 2024 US elections in Washington; the 2025 conclave in Rome; and COP30 in Belém.
TL;DR
- Chamber of Deputies approved MP 1.376/2026 for rural debt renegotiation.
- The bill now goes to the Senate.
- Ineligibility start date moved from January 1, 2024, to January 1, 2021.
- Reduced minimum loss percentages required for regions covered by Sudam, Sudene, and Sudeco.
- Expanded use of collective technical reports to prove agricultural losses.
- Funding limits remain at R$400,000 (Pronaf), R$2 million (Pronamp), and R$4 million (others).
- Interest rates are set at 6%, 9%, and 12% annually, potentially dropping to 5%, 8%, and 11% in cases of severe losses.
- Renegotiation expanded to include operations linked to Rural Product Notes (CPRs).
- The ruralist bloc is pushing for a guarantee fund for easier credit access.