27 March 2020 – Reduced interest rates on credit cards

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Wage and income support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Ministry of Economy reduced interest rates for the credit card from 3% to 2.70%.
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