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Brazilian National Treasury official rejecting a R$20 billion loan guarantee to Correios due to high interest rates, with disappointed company president.
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Treasury vetoes r$ 20 billion loan to correios due to high interest rates

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The National Treasury refused to provide a guarantee for a r$ 20 billion loan negotiated by Correios with a bank consortium, deeming the interest rate excessive. The decision was communicated to the state-owned company's president, Emmanoel Rondon, on Tuesday, December 2, 2025. The company now seeks new negotiations to adjust the terms.

The General Treasury of the Republic reported that the Courts of Appeals have rejected more than 1,400 protection resources filed by CAE debtors. The Supreme Court has also rejected over 200 appeals.

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Chile's Ministry of Hacienda sent a decree to the Comptroller General to cut $17.581 million from the Transient Emergency Fund for reconstruction after the Viña del Mar fires. The cut equals 3.5% of the $502.069 million budgeted for this year. It is part of a larger $150.379 million reduction in public treasury spending.

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