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Government Lula Search R$ 20 Bi of Public and Private Banks to Support Mailes, Says Newspaper
Summary by Gazeta Do Povo
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In an administrative crisis, the couriers will receive R$ 20 billion from public banks to manage accounts. Money will be used in restructuring.
·Curitiba, Brazil
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The government of President Luiz Inácio Lula da Silva (Workers' Party) is working with Banco do Brasil, Caixa Econômica Federal, and private banks to secure a loan to rescue the Brazilian Postal Service. According to a report published this Tuesday (October 14, 2025) by the newspaper Folha de S.Paulo, the state-owned company needs R$20 billion, R$10 billion for 2025 and another R$10 billion for 2026. Lula does not rule out providing additional f…
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