Government announces R$4 billion to guarantee 2024/2025 Harvest Plan

The Federal Government announced the release of approximately R$4 billion in extraordinary credit to ensure the continuity of the 2024/2025 Harvest Plan. The measure was taken to avoid the interruption of financing lines to the agricultural sector, even without the approval of the 2025 Budget by the National Congress.

The decision was announced by Finance Minister Fernando Haddad after a meeting with President Luiz Inácio Lula da Silva and the president of the Federal Court of Auditors (TCU), Vital do Rêgo. According to Haddad, the legal solution found allows the resources to be made available immediately, ensuring that rural producers have access to the credit necessary for their activities.

“There is an immediate demand for credit from the Safra Plan. President Lula has determined that there is no time to waste and, therefore, we are adopting this emergency measure to avoid discontinuity in the financing lines. The resources will be normalized this week,” said Haddad.

Fiscal responsibility

The minister emphasized that, although the credit is classified as extraordinary, the measure respects the limits established by the fiscal framework, which means that there will be no additional impact on public accounts. According to him, the alternative was necessary due to the impossibility of implementing the Safra Plan without the approval of the Budget.

“The solution was built within the fiscal framework, as if it had been approved in the Budget. There is no other legal way out, but we managed to accommodate the values ​​without compromising fiscal responsibility,” explained Haddad.

Next Steps

The Provisional Measure (MP) that formalizes the release of credit should be published by this Monday (24) in the Official Gazette of the Union. The banks have already been informed of the decision and must resume granting the financing lines immediately.

The agricultural sector is seen as one of the main drivers of the economy in 2025. According to estimates from the Economic Policy Secretariat of the Ministry of Finance, the segment is expected to grow 6% this year, boosting the national GDP.