Novo Desenrola, a federal government program aimed at renegotiating debts owed to individuals, has already benefited, in the first days of the program, more than 6 million people and families, according to the Minister of Finance, Dario Durigan. Of this total, around 4 million people had their debts paid off. Related news: Novo Desenrola renegotiates almost R$12 billion in debt. Desenrola Brasil: find out how to use FGTS to pay outstanding debts. Banks transfer R$5.7 billion of forgotten amounts to Desenrola. “These are people with small debts of up to R$100”, detailed the Minister of Finance this Tuesday (9), during an interview with the UOL portal. Novo Desenrola Brasil was created with the aim of reducing defaults and facilitating credit recovery. The initiative mainly benefits low- and middle-income Brazilians, especially those who earn up to five minimum wages and have outstanding bank debts. To this end, more favorable conditions are offered than those available on the market for paying off debts or paying them in installments. Among its main features are discounts that can reach up to 90% on the debt value and reduced interest (limited to around 1.99% per month). Payment in installments can be up to 48 months. There is also the possibility of using part of the FGTS to reduce debts and “disallowing” consumers with small debts. Interest During the interview, Durigan said that the high interest rate charged in Brazil is something that, in fact, has harmed people, but that, through the program, the government has helped the population to deal with this situation. “Data from this morning show that more than 6 million people and families have already benefited from Novo Desenrola in the first days of the program”, said the minister, remembering that this is a national mobilization that is expected to end on August 2nd. According to Durigan, “around 4 million people were negative for having small debts, up to R$100; and 1.1 million people have already paid their debts in cash, with average discounts exceeding 80%”. “These people have cleared their name and are able to consume again”, he highlighted. Interest The Finance Minister denied that interest rates in the country are high because the government spends a lot. "They arise from disruptions caused, in large part, by the war [of the USA and Israel against Iran]. Therefore, while this scenario exists, we are adopting [price] subsidy measures, such as gasoline", he added while reaffirming that, from a fiscal point of view, nothing has changed. “Our goals will be met”, concluded the head of the Treasury.