The Brazilian government has allowed Correios to secure a new loan of up to R$ 8 billion, backed by Union guarantees, as part of its economic restructuring plan.
The Brazilian federal government has authorized the expansion of borrowing capabilities for Correios, the national postal service, allowing them to secure a new loan of R$ 8 billion with Union guarantees. This decision was confirmed by the National Monetary Council (CMN) on Thursday, signaling an effort to support the postal service's financial stability following previous loans amounting to R$ 12 billion at the end of last year.
Despite the government and Correios officials not ruling out the possibility that the R$ 8 billion may not be sourced from loans but rather through direct treasury funding, discussions surrounding this decision will continue until the end of the first semester. The CMN's statement emphasized that this measure aims to ensure the continuity of Correios' Economic and Financial Restructuring Plan, which was approved in December 2025, highlighting the urgency of stabilizing the agency amidst its ongoing financial challenges.
Correios has been grappling with a severe financial crisis, and the support from the government reflects larger economic concerns within the country about the sustainability of state-owned enterprises. The ongoing discussions about how best to fund Correios' restructuring will be critical in determining its future operational abilities and the impact on postal services across Brazil, especially as the government seeks to stabilize the economy overall.
