Senators negotiating Brazil’s rural debt crisis said Tuesday that two key issues remain unresolved in discussions with the federal government over a proposed farm debt restructuring plan. The primary disagreements concern the funding source for the plan and which debts are eligible for renegotiation.
Senator Renan Calheiros, chair of the Senate’s Economic Affairs Committee, and Senator Tereza Cristina met on Tuesday with Finance Minister Dario Durigan to discuss the proposal. “Under the Finance Ministry’s plan, only overdue debts outstanding through July 1 would qualify,” Calheiros said. “We are working to extend that deadline to December…