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Lula Signs Novo Desenrola, Launching 90-Day Debt Relief Drive

The 90-day push aims to replace costly debts with cheaper loans through capped rates, steep discounts, FGTS use, plus federal guarantees.

Encontro acontece após tensão diplomática envolvendo detenção de Ramagem pelo ICE.
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Overview

  • President Luiz Inácio Lula da Silva signed the measure on Monday, opening a new round of debt renegotiation for families, students with Fies loans, small businesses, and rural family farmers for a three‑month campaign.
  • Key terms include a 1.99% monthly interest cap, discounts of 30% to 90% with an average near 65%, repayment in up to 48 months, and talks handled directly at the bank that holds the debt rather than on a central website.
  • Eligibility in the families track covers incomes up to five minimum wages and past‑due debts from 90 days to two years, including credit cards, overdraft lines, personal loans, and Fies balances contracted up to January 31, 2026.
  • Workers can use up to 20% of their FGTS savings account to cut what they owe with transfers made bank‑to‑bank through Caixa, and anyone who signs up will be blocked from online betting platforms for one year.
  • Finance Minister Dario Durigan said the Treasury will back the effort with guarantees, citing up to R$15 billion in coverage and an initial R$5 billion for the FGO fund, and he argued the plan will not hinder the Central Bank’s inflation fight as he looks for further Selic cuts.