US EditionRio Grande Do Sul Producer May Renegotiate Rural Credit, Council Decides
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The CMN (National Monetary Council) authorized this Thursday (May 29, 2025) the renegotiation of credit for rural producers affected by droughts (lack of rain) at the beginning of the year. The decision authorizes banks to extend installments of rural financing operations contracted with interest rates subsidized by the government, especially within the scope of Pronamp (National Program to Support Medium-Sized Rural Producers). Registration fo…
Between 2023 and 2024, extreme weather events and the lack of preparation to deal with their impacts killed 250 people in Rio Grande do Sul, affected more than two million, left 25 missing, and resulted in financial losses approaching R$100 billion. A report by Amnesty International Brazil, released today, May 28, indicates that the measures adopted by the government to date are likely to be insufficient to deal with new disasters and do not rep…
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