Brazil

House of Deputies approves provisional measure for renegotiation of rural debts

Text follows for the Senate with deadline until Wednesday, November 11, 2026

Datas dos acontecimentos · Acontecimento · Acontecimento · Acontecimento
13.06.2023 - Conversa com o Presidente (52971850274)
Imagem de arquivo: 13.06.2023 - Conversa com o Presidente (52971850274). Fotografia usada para ilustrar o assunto; não registra o acontecimento relatado. Foto: Palácio do Planalto from Brasilia, Brasil · Wikimedia Commons · CC BY 2.0

The House of Deputies approved, on Tuesday, November 10, 2026, Provisional Measure No. 1,376/2026 establishing credit lines for rural producers to renegotiate debts. The proposal was presented by President Luiz Inácio Lula da Silva on July 15, 2026 and aims to combat the increase in default in the agricultural sector, which rose from 3.99% in May 2024 to 7.17% in May this year.

The text changes eligibility criteria, anticipating the initial mark of debts contemplated for January 1, 2021 and reducing the minimum percentage of loss required for specific regions such as the Amazon, the Northeast and the Midwest. The vote took place in plenary symbolically, without individual registration of votes, after prior approval by the special committee by the report of Deputy Paulo Pimenta. The project must be approved by the Senate by Wednesday, November 11, 2026, so as not to lose its validity and proceed to presidential sanction.