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January 29, 2022
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National Treasury raised BRL 31.7 billion in debts with the Union in 2021

National debt renegotiation effort starts today

The Attorney General’s Office of the National Treasury (PGFN), of the Ministry of Economy, collected R$ 31.7 billion registered in active debt throughout 2021. According to the institution, the amount represents a record in this type of recovery. National Treasury raised BRL 31.7 billion in debts with the Union in 2021

“This amount is what actually went into the National Treasury, with a direct effect on the primary result”, informed the ministry.

The result of recovery of active debt in 2021 was R$ 7.2 billion higher than that of 2020, which represents a growth of 29%, highlighted the PGFN. The following graph shows the growth in revenue over the last five years:

Active debt recovery chart 2021.

The accumulated nominal value in this period was R$ 131.9 billion.

Of the total amount registered in debt collected in 2021, R$ 6.4 billion are the result of tax transaction agreements. This collection strategy represented 20% of the total collected by PGFN and explains the significant growth in collection last year.

“The transaction in active debt has been consolidated, over the last two years, as an important public policy aimed at overcoming the economic-financial crisis intensified by the pandemic. Provided for years in the Tax Code, the tax transaction was authorized by Law No. 13,988 of 2020”, reported the PGFN.

PGFN data show that since the beginning of the transaction program, in 2019, more than BRL 200 billion in debt has been negotiated.

Currently, the National Treasury offers six different types of transaction agreements. To get to know them and do simulations, just access the Regularize portal.

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