Brazil's Finance Ministry unveiled on Tuesday its proposal to reduce the burden of states' debt to the federal government, conditioned upon the allocation of resources to technical high school education. Finance Minister Fernando Haddad, who previously served as Education Minister in a prior administration of leftist President Luiz Inacio Lula da Silva, is meeting with governors this morning to discuss the issue. In a presentation released by the ministry's press office, the government said that states joining the program would be able to opt for interest rates of 2%, 2.5% or 3% per year, varying according to the adopted counterparties.