G112 minutes agoBusiness1 min readBrazil

Acting governor sanctions R$1.5 billion loan for health and infrastructure in MT

Max Russi's government sanctions law for infrastructure, health and 60 thousand affordable housing

Quick Look

The acting governor of Mato Grosso, Max Russi, sanctioned a law that authorizes a loan of up to R$1.5 billion from Caixa Econômica Federal for infrastructure works, expansion of health services and construction of 60,000 affordable homes through the SER Família Habitação program.

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Why It Matters

Max Russi took over the government of Mato Grosso on November 6, after Otaviano Pivetta traveled to Türkiye to participate in COP31. He remains in charge of the state until November 18th. The state has been without a vice-governor since Pivetta took over the Executive following the resignation of Mauro Mendes.

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The acting governor of Mato Grosso, Max Russi (PODE), sanctioned the law that authorizes the State to contract a loan of up to R$1.5 billion with Caixa Econômica Federal, this Thursday (12). The money should be used for infrastructure works, expansion of health services and construction of 60,000 affordable homes through the SER Família Habitação program.

What to Watch

AI outlook — possibilities, not facts

The government of Mato Grosso will begin infrastructure work and construction of affordable housing with the loan resources.
Likely · Within months

Open Questions

What are the specific conditions of the loan (interest rate, term and guarantees)?
What is the detailed schedule for infrastructure works and housing construction?
How will the loan affect the public debt of the state of Mato Grosso?