Lula Opens R$5 Billion for Export Guarantees With Provisional Measure

Overview

• President Luiz Inácio Lula da Silva signed a provisional measure that releases R$5 billion in extraordinary credit with immediate effect.
• The money goes to the federal financial charges account and is run through the Export Guarantee Fund, which boosts banks’ capacity to guarantee trade loans.
• The government estimates this tranche will support about 1,404 financing operations for eligible exporters and their suppliers under Plano Brasil Soberano rules.
• The move targets pressure from higher U.S. tariffs and supply-chain strains from conflict in the Middle East that have raised costs for Brazilian firms.
• Congress must approve the measure within 60 days or it expires, creating a short window for companies and lenders to secure financing.