17 March 2020 – Reduced interest rates on payroll loan for retirees and pensioners

Intervention Categories: Finance policy and financial aid; Monetary and macro-financial policy; Stimulus packages and financial support
Level of Jurisdiction: National

Overview: The Ministry of Economy reduced the interest rate on the payroll loan for retirees and pensioners of the National Social Security Institute (INSS) from the current 2.08% to 1.80%
Full details here: https://www.gov.br/economia/pt-br/assuntos/noticias/2020/marco/taxa-de-juros-do-consignado-e-reduzida-a-1-80-para-facilitar-acesso-ao-credito