The Federal Senate approved a Provisional Measure (MP) authorizing salary loans for beneficiaries of the Auxílio Brasil. The text has already been approved by the Chamber of Deputies and is now going to be approved by President Jair Bolsonaro.
Given this, some beneficiaries are waiting to find out when the request will be released and what amount can be offered.
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What does the payroll loan consist of?
The payroll is already an old acquaintance of retirees and pensioners of the INSS (National Social Security Institute) who already enjoy the possibility for some years. As the probability of default is practically zero, interest rates are usually better.
This type of payroll loan is one in which the monthly installments are deducted directly from the benefits. In addition to INSS retirees and pensioners, workers and civil servants with a formal contract can also apply for these loans.
Today, around 18.06 million families are part of the Brazil Aid and they will be able to count on these loans after presidential approval. There is a government estimate that around 77 billion reais will be approved and released to beneficiaries.
Brazil aid could become permanent
In addition to making the social plan permanent, the President of the Republic must approve the proposal, which also provides for the setting of the value of the Brazil Aid at 400 reais. Thus, the release of the payroll loan based on the benefit may be released already considering the new floor from 2023.
Taking into account the 47.5 billion reais already foreseen for the program, the government expects to spend 41 billion reais per year to finance the complementary program Auxílio Brasil, totaling around 90 billion reais per year. year.
There are disagreements by scholars
This novelty is feared by specialists who believe that this could increase the debt levels of low-income families.
Questioned on the subject, the Minister of Citizenship, João Roma, said that the public already had access to loans, but now can opt for lower rates.