The federal government forecasts R$ 97.9 billion in financial expenses to fund subsidized interest credit programs in 2027. This value is significantly higher than the R$ 45.5 billion disbursed until July 2026 and the R$ 36.7 billion used in 2025, representing a significant increase in the allocation of resources for these financing policies.
The effective cost of these programs over the loan contracts is estimated at R$ 20.5 billion, with the government projecting a cost of R$ 3.4 billion for the year 2027 alone. This value considers both the budget allocation foreseen in the annual budget bill and the implicit subsidy calculated for each of the six credit programs with lower interest rates.
The programs analyzed are part of a government strategy to subsidize credit lines for various sectors, with the objective of facilitating access to financing. The financial resources are normally contributed by the government into specific funds, which serve as a financing source for the credit programs available to the population and businesses.
