Government publishes provisional measure releasing R$12 billion for renegotiation of producers' debts

Brasília, 8 – The federal government published, on Friday (5), in an extraordinary edition of the Official Gazette of the Union (DOU) , Provisional Measure (MP) 1,314/2025, which authorizes the renegotiation of debts of rural producers affected by adverse climate events. The MP authorizes the use of resources from the financial surplus from sources supervised by the Ministry of Finance and free resources from financial institutions for rural credit lines intended for the settlement or amortization of rural producers' debts. The MP is signed by President Luiz Inácio Lula da Silva and Finance Minister Fernando Haddad.

In practice, the provisional measure creates a line of credit with Treasury funds for the renegotiation of rural debts and another line of credit with free resources from financial institutions. The provisional measure authorizes the use of up to R$12 billion in Treasury funds for the settlement or amortization of rural debts.

Rural producers and cooperatives that suffered losses of two or more harvests between July 1, 2020, and June 30, 2025, due to adverse weather events will be able to access credit with Treasury funds, according to the Provisional Measure. The Treasury-funded credit line must prioritize serving small and medium-sized rural producers, as provided for in the Provisional Measure.

Rural credit operations may be renegotiated using Treasury funds, including those already extended or renegotiated under the National Program to Strengthen Family Farming (Pronaf), the National Program to Support Medium-Sized Rural Producers (Pronamp), and those contracted by other rural producers. Rural Product Certificates registered and issued by rural producers to financial institutions may also be subject to renegotiation. Details were provided by Broadcast Agro .

To be eligible for renegotiation, rural credit operations for financing and investment and CPRs contracted or issued until June 30, 2024, in good standing until June 30, 2024 and in default on the date of publication of the MP or that have been renegotiated or extended with installments due from today until December 31, 2027.

The resources allocated by the Treasury to the rural credit line for renegotiating rural debts will be transferred to the National Bank for Economic and Social Development (BNDES), which may operate the funds directly or transfer them through qualified financial institutions. The conditions, financial charges, remuneration of Treasury funding sources, terms, and other regulatory standards for the financing line will be established by the National Monetary Council (CMN), according to the Provisional Measure. The Provisional Measure prohibits financing with Treasury resources for the settlement of credit transactions contracted with resources from the 2024 Social Fund of the State of Rio Grande do Sul.

The MP does not detail the interest to be applied to the Treasury lines, nor the eligibility limits and payment terms, which must be edited via CMN resolution.