Brazil launches Desenrola 3.0 debt renegotiation program with R$15B budget

Brazil's federal government announced Desenrola 3.0, a new debt renegotiation program with a R$15 billion budget allocated for 2027-2028. The program aims to help consumers and businesses restructure debts, potentially boosting household balance sheets and consumption. Details on eligibility and scope remain unclear, but the fiscal commitment signals government support for credit markets.