Resolution CMN No. 5,099 — Adjusts norms of the Rural Credit Manual (MCR) regarding Pronaf credit lines and temporarily waives Proagro enrollment requirements

Resolution No. 5,099

The current text of the MCR can be found at the following electronic address:
www3.bcb.gov.br/mcr.

RESOLUTION CMN NO. 5,099, OF AUGUST 24, 2023

Adjusts norms of Section 6 (National Program for Strengthening Family Agriculture – Pronaf) of Chapter 7 (Financial Charges and Credit Limits), Chapter 10 (National Program for Strengthening Family Agriculture – Pronaf) and Section 1 (General Provisions) of Chapter 11 (Programs with BNDES Resources) of the Rural Credit Manual (MCR), and temporarily waives the requirement for mandatory enrollment in the Agricultural Activity Guarantee Program (Proagro) for the contracting of agricultural working capital rural credit operations.

The Central Bank of Brazil, in accordance with art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on August 24, 2023, in accordance with arts. 4, item VI, of Law No. 4,595, of 1964, 4 and 14 of Law No. 4,829, of November 5, 1965, 48, § 2, of Law No. 8,171, of January 17, 1991, 5 of Law No. 10,186, of February 12, 2001, and 3, § 3, of Law No. 11,326, of July 24, 2006,

R E S O L V E D:

Art. 1 The Investment Credit Line – Pronaf ABC+ Forest (MCR 10-7), contained in Tables 1 (Financial Charges for Financing under the National Program for Strengthening Family Agriculture – Pronaf) and 2 (Credit Limits for Financing under the National Program for Strengthening Family Agriculture – Pronaf, respecting the debt limits referred to in MCR 10-1-34) of Section 6 (National Program for Strengthening Family Agriculture – Pronaf) of Chapter 7 (Financial Charges and Credit Limits) of the Rural Credit Manual (MCR), shall henceforth be designated “Investment Credit – Pronaf Forest (MCR 10-7)”.

Art. 2 The Investment Credit Line – Pronaf ABC+ Semi-arid (MCR 10-8), contained in Tables 1 (Financial Charges for Financing under the National Program for Strengthening Family Agriculture – Pronaf) and 2 (Credit Limits for Financing under the National Program for Strengthening Family Agriculture – Pronaf, respecting the debt limits referred to in MCR 10-1-34) of Section 6 (National Program for Strengthening Family Agriculture – Pronaf) of Chapter 7 (Financial Charges and Credit Limits) of the MCR, shall henceforth be designated “Investment Credit – Pronaf Semi-arid (MCR 10-8)”.

Art. 3 The Investment Credit Line – Pronaf ABC+ Agroecology (MCR 10-14), contained in Tables 1 (Financial Charges for Financing under the National Program for Strengthening Family Agriculture – Pronaf) and 2 (Credit Limits for Financing under the National Program for Strengthening Family Agriculture – Pronaf, respecting the debt limits referred to in MCR 10-1-34) of Section 6 (National Program for Strengthening Family Agriculture – Pronaf) of Chapter 7 (Financial Charges and Credit Limits) of the MCR, shall henceforth be designated “Investment Credit – Pronaf Agroecology (MCR 10-14)”.

Art. 4 The Investment Credit Line – Pronaf ABC+ Bioeconomy (MCR 10-16), contained in Tables 1 (Financial Charges for Financing under the National Program for Strengthening Family Agriculture – Pronaf) and 2 (Credit Limits for Financing under the National Program for Strengthening Family Agriculture – Pronaf, respecting the debt limits referred to in MCR 10-1-34) of Section 6 (National Program for Strengthening Family Agriculture – Pronaf) of Chapter 7 (Financial Charges and Credit Limits) of the MCR, shall henceforth be designated “Investment Credit – Pronaf Bioeconomy (MCR 10-16)”.

Art. 5 Section 1 (General Provisions) of Chapter 10 (National Program for Strengthening Family Agriculture – Pronaf) of the MCR shall be amended as follows:

“2 - ..................................................................................................................

a) .....................................................................................................................

.........................................................................................................................

V - when financed, their costs must be calculated in accordance with items 42, 43, 44, 45 and 46, except for the financings referred to in the Sections Credit for Beneficiaries of PNCF, PNRA and PCRF and for Indigenous and Quilombola Communities, Investment Credit in Extractive Exploitation Systems, Sociobiodiversity Products, Renewable Energy and Environmental Sustainability (Pronaf Bioeconomy) and Guided Productive Investment Credit (Pronaf Guided Productive), which have specific costs for technical assistance;

...............................................................................................................”
(NR)

Art. 6 Section 3 (Credit for Beneficiaries of PNCF, PNRA and PCRF and for Indigenous and Quilombola Communities) of Chapter 10 (Pronaf) of the MCR shall be amended as follows:

“3 - ..................................................................................................................

a) allocate 3.614% (three and six hundred and fourteen thousandths percent) of the total financing for payment of these services during, at least, the first 3 (three) years of project implementation;

...............................................................................................................”
(NR)

Art. 7 Section 7 (Investment Credit for Agroforestry Systems – Pronaf ABC+ Forest) of Chapter 10 (Pronaf) of the MCR shall henceforth be designated “Investment Credit for Agroforestry Systems (Pronaf Forest)”.

Art. 8 Section 7 (Investment Credit for Agroforestry Systems – Pronaf Forest) of Chapter 10 (Pronaf) of the MCR shall be amended as follows:

“1 - Financings under the Investment Credit Line for Agroforestry Systems (Pronaf Forest) are subject to the following special conditions:

...............................................................................................................”
(NR)

Art. 9 Section 8 (Investment Credit for Coexistence with the Semi-arid Region – Pronaf ABC+ Semi-arid) of Chapter 10 (Pronaf) of the MCR shall henceforth be designated “Investment Credit for Coexistence with the Semi-arid Region (Pronaf Semi-arid)”.

Art. 10 Section 8 (Investment Credit for Coexistence with the Semi-arid Region (Pronaf Semi-arid) of Chapter 10 (Pronaf) of the MCR shall be amended as follows:

“1 - Financings under the Investment Credit Line for Coexistence with the Semi-arid Region (Pronaf Semi-arid) are subject to the following special conditions:

...............................................................................................................”
(NR)

Art. 11 Section 14 (Investment Credit for Agroecology – Pronaf ABC+ Agroecology) of Chapter 10 (Pronaf) of the MCR shall henceforth be designated “Investment Credit for Agroecology (Pronaf Agroecology)”.

Art. 12 Section 14 (Investment Credit for Agroecology – Pronaf Agroecology) of Chapter 10 (Pronaf) of the MCR shall be amended as follows:

“1 - The Investment Credit Line for Agroecology (Pronaf Agroecology) is subject to the following special conditions:

……………………………………………………………………......………………………………..”
(NR)

Art. 13 Section 16 (Investment Credit in Extractive Exploitation Systems, Sociobiodiversity Products, Renewable Energy and Environmental Sustainability – Pronaf ABC+ Bioeconomy) of Chapter 10 (Pronaf) of the MCR shall henceforth be designated “Investment Credit in Extractive Exploitation Systems, Sociobiodiversity Products, Renewable Energy and Environmental Sustainability (Pronaf Bioeconomy)”.

Art. 14 Section 16 (Investment Credit in Extractive Exploitation Systems, Sociobiodiversity Products, Renewable Energy and Environmental Sustainability – Pronaf Bioeconomy) of Chapter 10 (Pronaf) of the MCR shall be amended as follows:

“1 - The Investment Credit Line in Extractive Exploitation Systems, Sociobiodiversity Products, Renewable Energy and Environmental Sustainability (Pronaf Bioeconomy) is subject to the following special conditions:

……………………………………………………....………………………………………………….”
(NR)

Art. 15 Section 1 (General Provisions) of Chapter 11 (Programs with BNDES Resources) of the MCR shall be amended as follows:

“4 - ..................................................................................................................

.........................................................................................................................

e) each financing may benefit from up to 3 (three) renegotiations under this item;

...............................................................................................................”
(NR)

Art. 16 The requirement referred to in item 4 of Section 2 (Enrollment) of Chapter 12 (Agricultural Activity Guarantee Program – Proagro) of the MCR is waived, until June 30, 2024 and at the discretion of the financial institution, for rural credit operations for agricultural working capital destined to rural producers prevented from accessing Proagro due to the provisions of item 16, letter “h” of the aforementioned Section 2, provided that the operation contracted under this item, in addition to the other norms defined in the MCR, observes:

I - the planting calendar of the Climate Risk Agricultural Zoning (ZARC); and

II - that, in the event of eventual loss resulting from climatic adversity, debts may only be extended or renegotiated through prior reclassification by the financial institution to an uncontrolled source of funds.

Art. 17 This Resolution enters into force on the date of its publication.

Roberto de Oliveira Campos Neto
President of the Central Bank of Brazil