09/18/2024 – 10:35
The Senate is expected to vote on Wednesday, the 18th, on the bill for Acredita, a microcredit program run by President Luiz Inácio Lula da Silva’s government. On Tuesday, the 17th, the plenary session of the Upper House of Congress approved an urgent request for a vote on the proposal. The session on Wednesday is scheduled for 4 pm (Brasília time) and will be held in a semi-presential format.
Acredita, launched at a time when Lula was losing popularity, includes the release of new resources, debt renegotiation, incentives in the real estate sector and the creation of a foreign exchange hedging program for ecological transition projects.
With these measures, the government expects to carry out 1.25 million microcredit transactions by 2026, the last year of the presidential term. Each transaction is valued at around R$6,000, which would inject more than R$7.5 billion into the economy during this period, according to projections from the Ministry of Finance.
The project also authorizes the Union to establish mechanisms for mobilizing external capital and exchange rate protection in the raising of funds by financial institutions for productive microcredit operations within the scope of Acredita.
The version of the text approved by the Chamber extends until December 31, 2025 the deadline for the renegotiation of debts of mini and small rural producers related to a 2011 resolution by Condel/Sudene; and for the renegotiation or settlement of debts related to debentures of the Amazon Investment Fund (Finam) and the Northeast Investment Fund (Finor).
The deputies included self-employed taxi drivers among the beneficiaries of the measures. The Ministry of Finance tried to exclude this measure from Acredita, but the deputies ended up maintaining the rapporteur’s decision.
The rapporteur of the project, deputy Doutor Luizinho (PP-RJ), extended until the end of 2025 the deadline for extraordinary renegotiation of debts within the scope of the Constitutional Fund for Financing the North (FNO), the Constitutional Fund for Financing the Northeast (FNE) and the Constitutional Fund for Financing the Center-West (FCO) for rural entrepreneurs in these regions; and for the recovery of assets linked to rural credit not registered in the active debt of the Union, but being collected by the Attorney General’s Office (AGU).
#Senate #vote #Acredita #bill #Wednesday