Norte Global Trade


Measure that will facilitate access to credit was sanctioned this Monday (8)


Expectation is that the Cadastre allows the injection of R $ 1 trillion in the economy

Reduce loan costs and facilitate Brazilians' access to credit - these are the main objectives of Complementary Law 441/17 - which establishes the Positive Register for consumers. The measure was sanctioned this afternoon (08/04) by President Jair Bolsonaro, in Brasília / DF. The presidential sanction ceremony was attended by the Chief Minister of the General Secretariat of the Presidency of the Republic, General Floriano Peixoto; the Minister of Economy, Paulo Guedes; and the Special Secretary for Productivity, Employment and Competitiveness of the Ministry of Economy, Carlos Da Costa.

According to the Special Secretary, "with the positive registry, all institutions competing in the credit market will have access to the same information of each consumer or entrepreneur. Therefore, all can, based on the same information, compete to offer the loan that he wants, with terms, values and interest rates appropriate to the different profiles of ability to pay.

Da Costa said that, with the Positive Registry, the Government estimates that there will be a reduction of up to 45% in delinquency in Brazil, which now reaches more than 60 million people. And, "we expect an injection of resources in the order of R $ 1 trillion in the Brazilian economy, with an impact of approximately 19% on the credit-to-GDP ratio (from 47% to 66%)."

The Secretary also said that increasing supply and competition in the credit market will reduce interest rates and boost the possibilities of consumption and investment, expanding and facilitating the entrepreneurship of Brazilians and generating jobs: "credit is a fundamental lever for economic growth and job creation, either for the possibility of increasing consumption, or for fomenting the enterprise, increasing the capacity to invest, to buy machines and equipment, to build buildings, to reform - all those actions that generate jobs, " finalized