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The purpose of this article is to present the process of public indebtedness of the State of Minas Gerais and the recent alternative proposed to overcome the financial crisis situation, through a bibliographical, documental, descriptive     and quantitative research gathering public governmental data. By the end of 2016, the governor declared a state of financial calamity. Since then, the administration struggles to pay the salaries of public employees. We show that none of the alternatives for overcoming the financial crisis achieved significant results up to the present.

Endividamento público de Minas Gerais: histórico e recentes propostas de recuperação