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Explore the underlying reasons behind the vote on the Desenrola Brasil bill. Keep reading and understand the potential changes to the government plan.
The Desenrola Brasil bill, which addresses debt restructuring, is in a race against time. With the expiration of the provisional measure that ensures its validity approaching, Congress is working to secure ratification before the deadline, set for October 3, 2023.
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According to Randolfe Rodrigues, Government leader in Congress, without a party-AP, the expectation is that the matter can be brought to the plenary for deliberation in the coming week. The goal is to prevent the project from ending, which he considers “unjustifiable”. This is a battle against time and the Senate’s bureaucratic procedures.
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How does Desenrola Brasil work?
The document, which is currently being reviewed by the CAE (Economic Affairs Committee) under the rapporteurship of Rodrigo Cunha (Podemos-AL), focuses on restructuring debts through the Desenrola Brasil program (PL 2.685 of 2022). Additionally, one of the initiatives under consideration in the bill is restricting and proposing a reduction in revolving credit card interest rates.
Currently, the wording of Desenrola Brasil suggests limiting interest rates only if the sector does not offer a concrete resolution within up to 90 days after the law is enacted. This proposal becomes relevant when we note that, according to data from the BC (Central Bank), revolving credit card interest rates reached 445.7% per year in July.
Why is it relevant?
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Therefore, if the MP is not approved by the final deadline, the effects could be significant. This is because Congress needs to approve the wording by October 3. If the Senate modifies the bill approved by the Chamber, it will be essential to resend the document to the deputies.
In this context, Rogério Marinho, opposition leader in the Senate, PL-RN, highlighted the need for a careful analysis of the bill. In addition, he expressed the unanimous desire for lower interest rates, but stressed that such a reduction is tied 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 possibility of improvements to the wording has not been ruled out.
