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Вчера — 9 июня 2026EnRSS

Debt relief program benefits 6 million Brazilians

9 июня 2026 в 20:24

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Novo Desenrola, a program unveiled by the Brazilian government aimed at renegotiating individual debts, has benefited over 6 million people and families in its first few days, Finance Minister Dario Durigan reported.

Of this total, about 4 million people have had their debts cleared.

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“These are people with small debts of up to BRL 100,” he explained on Tuesday (Jun. 9) during an interview with the news portal UOL.

The program was created with the goal of reducing delinquency and facilitating credit recovery. The initiative primarily benefits low- and middle-income Brazilians, especially those earning up to five minimum wages per month (BRL 8,105) who have overdue bank debts.

To this end, more favorable terms than those available on the market are offered for paying off or paying debts in monthly installments.

Among its main features are discounts of up to 90 percent on the debt amount and reduced interest rates (limited to about 1.99 percent per month). Payment plans can extend up to 48 months.

Interest rates

During the interview, Minister Durigan said the high interest rates charged in Brazil have indeed been detrimental to Brazilians. However, he added, through this program, the government has been helping the people cope with this situation.

“Data from this morning show that more than 6 million people and families have benefited from Novo Desenrola in the program’s first few days,” said the minister, noting that this is a national initiative scheduled to end on August 2.

According to Durigan, “about 4 million people had their credit ratings downgraded due to small debts of up to BRL 100; and 1.1 million people have paid off their debts in a lump sum, with average discounts exceeding 80 percent.”

“These people have cleared their credit records and are once again eligible to borrow,” he pointed out.

The finance minister denied that interest rates in Brazil are high because the government spends too much.

“They stem from imbalances caused mostly by the war [between the US and Israel against Iran]. Therefore, as long as this scenario persists, we are adopting [price] subsidy measures, such as the one for gas,” he added, reaffirming that, from a fiscal standpoint, nothing has changed.

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