Federal Government readjusts the value of the existential minimum to revive the economy

Recently, the Federal Government announced that the value of the existential minimum has been changed, which before was BRL 303 and is now BRL 600.

According to the Union, the main objective of this readjustment is to seek the readjustment of consumers who are facing over-indebtedness.

This change was published in the Official Gazette of the Union. Through it, a decree was drawn up determining that the National Consumer Secretariat of the Ministry of Justice and Public Security must carry out, on a constant basis, a new agreement for the discharge of debts and the prevention of over-indebtedness arising from consumption.

According to President Luiz Inácio Lula da Silva, in a statement on his social networks, this is one more of the several government initiatives to guarantee credit and better consumption conditions for citizens Brazilians.

He also said that measures like this cause the economy to heat up considerably, improving the scenario as a whole.

Other measures being applied

In the first week of June, the program was announced unrolls. The main objective of the measure is to serve as a facilitating mechanism for people who have overdue accounts of up to R$5,000. Surveys said that around 70 million citizens could benefit.

Families that receive up to R$ 2,640 per month will have their debtscontemplated as long as they have been contracted by the debtors by the end of 2022. In July, auctions will begin and creditors will be able to acquire credits and then offer discounts to debtors.

Based on this exchange, the creditor institution will have a guarantee from the National Treasury if, for some reason, the debtors do not comply with the agreed commitments.

Every creditor who wants to be part of the Desenrola program will have to settle debts of up to R$ 100. According to surveys, 1.5 million people are in this scenario and will be able to clear their name if the institutions enter the program.