MP opens R$12 billion credit line for renegotiating rural debts

Provisional Measure No. 17 was published this Wednesday (9/1.316) in the Official Gazette of the Union (DOU), which opens extraordinary credit, in favor of Official Credit Operations, in the amount of R$ 12 billion for financing intended for the settlement or amortization of debts of rural producers harmed by adverse climate events.

The allocation of these resources comes from MP 1.314/2025, signed by the President of the Republic, Luiz Inácio Lula da Silva, on September 5, which authorizes the renegotiation of debts in the agricultural sector.

The funds will be transferred by the National Treasury to public and private banks and credit unions, with structuring by the BNDES (National Development Bank). Interest rates will be reduced compared to market rates, varying according to the producer's size: 6% per year for small producers, 8% for medium producers, and 10% for all others.

According to the Minister of Agriculture and Livestock, Carlos Fávaro, the provisional measure provides for a two-year grace period and nine years to repay the debts. "This should return the Safra Plan to normal operations," he assessed. 

Credit limits were set at up to R$250 for family farmers under Pronaf, R$1,5 million for medium-sized producers under Pronamp, and R$3 million for other rural producers.