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Brazilian government considers betting debt limits for debt-relief applicants

Regulation

Brazil’s Finance Minister Dario Durigan said on 8 April that the government was considering limits on further borrowing through sports and digital betting for people entering a debt-renegotiation programme. The proposed programme would offer cheaper credit to households, informal workers and microentrepreneurs; the government said it expected to present details in the coming days.

The proposed condition could restrict betting access for customers who join the debt-relief programme.

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Regulation

Brazilian agencies report no impact studies on betting ban

Brazil’s Planning Ministry, Federal Revenue study centre and Civil Office reportedly disclosed that they had no impact study or estimate on the betting prohibition. The responses covered assessments of the policy and, in the Revenue centre’s case, documents produced after the measure was published.

Brazil's Planning Ministry, the Federal Revenue's tax and customs studies centre (CETAD) and the Civil Office of the Presidency did not present any study, technical note or impact estimate of the betting prohibition, according to the report. Their responses came to freedom-of-information requests that were filed on 20 September.

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