Brazil Senate Backs 2027 Budget Savings Plan

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Presented on the eve, the proposal expands the mechanisms for containing expenditure and strengthening collection

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Government Lula presents project with fiscal adjustment measures of up to $ 60 bi in 2027 The Federal Senate approved on Thursday (12) the text-base of the proposal of the government of President Luiz Inácio Lula da Silva (PT) for a fiscal adjustment. The changes in public accounts try to control the public debt from the next mandate of the petist. The proposal was approved by 45 votes to 31. Senators still need to analyze the proposal prominent…

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The project also reduces from 2.5% to 2% above inflation the limit of expenditure growth in years of fiscal restraint mechanisms

moneytimes.com.br

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The Senate approved on Thursday (12) the main text of complementary bill that provides for the adoption of a series of fiscal measures with expected impact of up to R$ 60 billion in 2027 to guarantee the surplus goals without having to alter them. Approved by 45 votes to 31, the text sewn with the endorsement of the [...]

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By 45 votes to 31, the Senate plenary approved this Thursday, 12, the basic text of the tax adjustment project sent by the Lula government (PT). The proposal has estimated impact between R$ 45.1 billion and R$ 56.1 billion in the primary result of 2027, according to the opinion. The highlights, which can modify points of the text, will be...