Brazil Senate Backs 2027 Budget Savings Plan
The measure passed by 45 votes to 31 and would deliver up to R$56.1 billion in 2027 savings, officials said.
62 Articles
62 Articles
Observador
Correio da ManhãPlan provides for minimum savings of 7.2 billion by 2027, with 2% ceiling for real expenditure growth next year. Measure still has to go through a final vote in the upper house of parliament.
Presented on the eve, the proposal expands the mechanisms for containing expenditure and strengthening collection
Senate of Brazil begins review of government initiative to lower public expenditure growth ceiling
The government of Luiz Inácio Lula da Silva has submitted a proposal to the Senate to amend fiscal control regulations. The initiative seeks to lower the maximum growth threshold for government spending above the inflation rate, reducing the limit from 2.5% to 2% during periods of spending restraint. The measure is intended to tighten budgetary discipline. By adjusting this coefficient, the government would restrict the executive branch's abilit…
President of the Senate, David Alcolumbre (Union-AP), and Senator Eduardo Braga (excl.), rapporteur of the PLP of fiscal adjustment Carlos Moura/Agency Senate The President of the Senate, David Alcolumbre (Union-AP), decided that the supplementary bill (PLP) that promotes a fiscal adjustment of up to R$ 54 billion will not be on Wednesday (11). Alcolumbre will talk on Thursday (12) with party leaders to decide whether to convene a session to vot…
Lindbergh Farias criticizes economic team, says campaign did not promise cuts and snake respect based on
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