CMN restricts special line of R$ 12 billion to producers from RS

Ten days after creating a special credit line of R$ 12 billion to aid rural producers affected by climate change, the National Monetary Council (CMN) restricted access to credit operations for farmers and ranchers in Rio Grande do Sul. The council approved the measure in an extraordinary meeting on Thursday (9), but the resolution was only released on Friday (10). At the beginning of September, the government issued Provisional Measure 1,314/2025, which created two special credit lines for the renegotiation of rural credit debts and Rural Product Certificates (CPR): one with an extraordinary credit of R$ 12 billion and another with free resources from financial institutions. Now, the CMN has restricted the line with the R$ 12 billion to producers in municipalities of the state of Rio Grande do Sul that have declared a state of public calamity or emergency due to climatic events, for at least three years from January 1, 2020, to December 31, 2024. Producers from other states ...