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Explore the reasons behind the vote on the Desenrola Brasil bill. Read on to understand the potential changes to the government's plan.
The Desenrola Brasil bill, which deals with debt restructuring, is in a race against time. Given the proximity of the end of the provisional measure that ensures its validity, Congress is working to ensure ratification before the deadline, set for October 3, 2023.
According to Randolfe Rodrigues, the leader of the government in Congress, without a party affiliation with AP, the expectation is that the matter will be brought to plenary session next week. The goal is to prevent the cessation of the project, which he considers “unjustifiable”. It is a battle against time and the bureaucratic procedures of the Senate.
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How does Desenrola Brasil work?
The document, which is currently in the CAE (Economic Affairs Committee) under the reporting of Rodrigo Cunha (Podemos-AL), focuses on the restructuring of debts through the Desenrola Brasil program (PL 2,685 of 2022). Additionally, one of the initiatives under analysis in the project is the restriction and suggestion of reducing interest on credit card revolving credit.
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Currently, the Desenrola Brasil editorial team suggests a limit on interest rates only if the segment does not offer a concrete resolution within 90 days after the law is enacted. This suggestion becomes relevant when we realize that, according to data from the BC (Central Bank), interest rates on revolving credit cards reached 445.7% per year in July.
What is the relevance?
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Therefore, if the provisional measure is not approved by the deadline, the effects could be significant. This is because Congress needs to approve the text by October 3. If the Senate modifies the bill approved by the Chamber, it will be essential to send the document back to the deputies.
In this context, Rogério Marinho, leader of the opposition in the Senate, PL-RN, highlighted the need for a balanced analysis of the project. In addition, he expressed the unanimous desire for lower interest rates, but stressed that such a reduction is linked to macroeconomic conditions.
Marinho also emphasized the opposition senators' support for the bill, if it provides benefits to the community. However, he stressed that the opportunity for improvements to the wording has not been eliminated.