Brazil Pre‑Salt Rural Debt Reform

Timeline

1. 27 days ago

   [POLITICS] 4 sources

   Brazil Senate Bill Targets Rural Land Tax (ITR) Reform

   Brazilian Senate bill OPL 1.648/2024 aims to standardize rural land tax calculations, exclude unusable areas, replace environmental paperwork, and direct ITR funds to rural infrastructure.

2. 28 days ago

   [POLITICS] 3 sources

   Rio Grande do Sul farmers press Brazil to enact debt relief bill amid drought and floods

   Rio Grande do Sul producers and local officials rallied in Brasília, demanding the federal government approve debt‑relief Bill 5122 after droughts and floods left many farmers in crisis.

3. about 2 months ago

   [POLITICS] 4 sources

   Brazil Senate approves Pre‑Salt Social Fund for agribusiness debt renegotiation

   Brazil's Senate approved using the Pre‑Salt Social Fund to refinance climate‑hit agribusiness debt, setting 3.5‑7.5% interest and leaving the total amount to the executive; the government now battles the agrib‑

4. about 2 months ago

   [POLITICS] 2 sources

   Brazil Senate shifts pre‑sal royalties to rural debt, trimming education, health funding

   Brazil's Senate passed PL 5122/23 to use Pre‑Sal royalties for rural debt relief, prompting concerns over cuts to education and health spending and a projected R$111 billion fiscal impact.

5. about 2 months ago

   [POLITICS] 2 sources

   Brazil Senate passes controversial rural debt renegotiation bill

   Brazil's Senate approved a costly rural debt renegotiation bill, dubbed a “pauta‑bomba”, prompting criticism from deputy Sanderson and anticipation of a presidential veto.

6. about 2 months ago

   [POLITICS] 2 sources

   Brazil allocates pre‑salt oil funds to agriculture debt and free transit

   Brazil's Senate backs using the Pre‑Salt Fund to refinance agricultural debts, while the Chamber moves to fund free public transport from oil royalties, both pending final votes.

7. about 2 months ago

   [POLITICS] 2 sources

   Brazil Senate OKs Pre‑sal Fund Plan to Refinance Rural Debt

   Brazil's Senate passed a bill allowing Pre‑sal fund resources to refinance rural debts, offering up to ten‑year loans at 3.5‑7.5% interest, despite government fiscal concerns.

8. about 2 months ago

   [POLITICS] 27 sources

   Brazil Senate Approves Rural Debt Renegotiation Using Pre‑Salt Fund

   Brazil's Senate passed a bill to refinance rural debts using the Pre‑Salt Fund, with limits of R$10 million per farmer and an estimated fiscal impact of R$140 billion to R$817 billion over the next decade.

9. about 2 months ago

   [BUSINESS] 4 sources

   Brazil's Rio Grande do Sul farmers' federation pushes debt‑renegotiation bill

   Farsul backs Bill 5.122/2023 to broaden agricultural debt renegotiation beyond traditional credit, clashes with Febraban, and urges Senate vote on 10 June.

10. 2 months ago

    [POLITICS] 2 sources

    Brazil expands benefits for agricultural technicians in housing and debt programs

    Brazil's lower house approved adding agricultural technicians to the rural housing program, while a Senate committee passed a debt‑renegotiation bill that technicians say will aid only about R$180 bn of rural债务

11. 2 months ago

    [BUSINESS] 2 sources

    Brazil Moves to Extend Agribusiness Debt Repayment to Ten Years

    Brazil will allow up to ten‑year repayment and a two‑year grace period for agribusiness debt, adding a new guarantee fund.