CMN expands credit to producers due to climatic events

The National Monetary Council (CMN) approved on this Thursday (18) a package of measures that expands financial support to rural producers impacted by adverse climatic events and promotes adjustments in the rules of rural credit. The decisions, proposed by the Ministry of Finance, seek to preserve productive activity in the countryside, reduce default risks, and ensure the continuity of financing, without disregarding socio-environmental criteria. Among the main measures is the expansion of the line of credit aimed at the settlement or amortization of debts of producers who suffered significant losses due to the climate. The initiative benefits operating loans contracted between January 1, 2024, and June 30, 2025, including those that have already been renegotiated or extended. Rural Product Certificates (CPRs) issued in the same period and registered in favor of financial institutions are also now covered, provided they were in default as of December 15 of this year. According to ...