Brazil Launches Novo Desenrola Brasil Program to Ease Debt Burdens with Bradesco Participation
Brazil's government, alongside Bradesco, launches the Novo Desenrola Brasil program, offering extensive debt renegotiation options for students, families, businesses, and rural workers to recover financial stability.
- • President Lula signed the provisional measure for Novo Desenrola Brasil on May 4, 2026.
- • The program offers up to 99% discounts on Fies student loan debts and discounts between 30%-90% for families' debts.
- • Bradesco joins the program and opens pre-registration while awaiting FGO approval.
- • Bradesco will also provide its own renegotiation plan for clients not covered by the government program.
Key details
On May 4, 2026, President Luiz Inácio Lula da Silva signed the provisional measure establishing the Novo Desenrola Brasil program, a government initiative designed to help millions of Brazilians reorganize their finances and improve credit access over a 90-day period.
The program includes several key components tailored for different segments: the Fies debt renegotiation allows students to settle overdue educational loans with discounts up to 99%, aiming to ease student debt burdens and improve financial regularity. Desenrola Famílias targets families with incomes up to five minimum salaries, offering debt renegotiation options with discounts ranging from 30% to 90% on debts contracted until January 31, 2026. Desenrola Empresas focuses on micro and small companies, facilitating the restructuring of their high-cost debts into more manageable terms, while Desenrola Rural aims to assist family farmers in debt regularization and enhancing their productive capacity.
The program is expected to benefit over 1 million students and more than 2 million businesses, providing significant economic relief. President Lula highlighted the importance of the initiative, stating it will allow families to alleviate financial burdens, clear their names, and regain the ability to dream again.
Bradesco, one of Brazil's major financial institutions, has announced its participation in Novo Desenrola Brasil. The bank is currently awaiting approvals from the Fundo de Garantia de Operações (FGO) to start formal negotiations under the government program. Meanwhile, Bradesco opened a pre-registration process for interested clients.
André Duarte, executive director of Credit and Recovery at Bradesco, emphasized the bank's dedication to clients' financial health, explaining, "Our goal has always been to help our clients maintain a balanced and sustainable relationship with their personal finances. We will leverage the government's initiative to engage further." Moreover, Bradesco plans to offer its own renegotiation program for clients who are ineligible for the government program, either due to different payment delays or income levels beyond the eligibility criteria.
This combined government and private sector approach aims to provide broad financial relief, boost economic recovery, and foster better credit relations for individuals, families, students, businesses, and rural workers across Brazil.
This article was translated and synthesized from Brazilian sources, providing English-speaking readers with local perspectives.
