TITLE: Brazil's National Monetary Council Establishes Financing Lines Under Sovereign Brazil Plan to Support Exports
BODY:
On April 16, 2026, the National Monetary Council (CMN) approved Resolution CMN No. 5,292, which establishes the conditions, financial charges, repayment terms, and regulatory standards for financing under Provisional Measure No. 1,345/26. The resolution forms part of the Sovereign Brazil Plan and aims to strengthen support for Brazilian companies, particularly those engaged in foreign trade, amid international economic instability.
The new financing lines expand credit access for exporting companies and their suppliers, while supporting productive investments and adaptation of economic activities. Financing may be granted by the Brazilian National Development Bank (BNDES) or by financial institutions authorised by it, which assume full operational risks, including credit risk.
Approved financing lines may be used for working capital for companies of various sizes; working capital for export production; acquisition of capital goods; and investments in productive capacity expansion, technological innovation, and adaptation of productive processes. Financial charges vary according to financing purpose and beneficiary size. Resource remuneration rates range from 2 percent to 8 percent annually, while financial institution remuneration follows market-compatible limits differentiated by operation type. Repayment periods extend to five years with up to twelve months' grace for working capital and capital goods acquisition; and up to twenty years with up to forty-eight months' grace for productive investments. Financing requests submitted until December 31, 2026, qualify for these conditions. The resolution entered into force upon publication.
REFERENCES:
Resolução CMN n° 5.292 de 16 de abril de 2026 — Ministério da Fazenda