Lula Opens R$266.5 Million in Extraordinary Credit for Minas Gerais’ Zona da Mata

Overview

• The provisional measure MP 1,339, published Monday in an extra edition of the federal register, directs the money to emergency response and reconstruction in flood‑hit municipalities.
• Resources are assigned to the Ministry of Integration and Regional Development, with the civil defense secretariat (Sedec) coordinating federal support based on municipal requests.
• Separate measures published Friday authorize a one‑time R$7,300 payment to affected families and up to R$500 million in credit for companies in the affected region.
• Loans will be offered by Banco do Brasil and Caixa with a 120‑day contracting window and can finance rebuilding, equipment purchases, and working capital.
• The disaster has left 72 dead in the Zona da Mata, which Cemaden classifies among Brazil’s largest of the past decade, while application procedures for aid and credit have not yet been disclosed.