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Brazil unveils credit lines for motorcyclist workers and rural producers
On Friday, March 12, Brazil’s government issued Provisional Measure 1.366/2026 and Decree 13.026/2026 to create a new financing line for professional motorcyclists who transport passengers or perform app‑based deliveries. The scheme, part of the Move Brasil program, offers loans of up to 48 months with a two‑month grace period, interest rates of 11.5%‑12.5% per year, and eligibility criteria that include at least six months on a digital platform and a minimum of 100 rides or deliveries. Funding will be drawn from the Social Infrastructure Investment Fund (FIIS) and backed by the Guarantee Operations Fund (FGO) and other guarantees.
Separately, the Brazilian Senate approved a bill to refinance rural debt, a proposal that could cost up to R$800 billion over ten years. The legislation authorises the use of the Pre‑Salt Social Fund (up to R$30 billion), BNDES credit of up to R$140 billion, and additional resources from constitutional funds for the North and Northeast regions. The measure is seen as a key response to the financing needs of Brazil’s agricultural sector.