Flávio Bolsonaro pledges to renegotiate Minas Gerais state debt

Senator Flávio Bolsonaro has committed to reviewing and alleviating the debts of Brazilian states with the federal government if elected president. This pledge follows a request from Cleitinho Azevedo, the governor-elect of Minas Gerais.

Minas Gerais currently owes approximately R$ 187.5 billion to the Union. The proposed solution involves renegotiating these payments so that funds intended for debt servicing could instead be redirected toward public works, infrastructure, and security in the state. This mechanism, which would allow states to reduce debt through direct investments rather than cash transfers, was previously approved by Congress but vetoed by President Lula due to concerns regarding national financial stability.

Governor-elect Cleitinho Azevedo stated that finding alternatives to the debt is a priority for his administration to expand the state's investment capacity. He also emphasized his intention to focus on efficient management of public assets, such as Cemig, rather than privatization.