The finance minister wants to complete the vote in the House and Senate in the first half of the year
BRASÍLIA – A few minutes after receiving from the hands of President Luiz Inácio Lula da Silva (PT) this Tuesday 18, the complementary bill (PL) of the fiscal framework, said the president of the Chamber of Deputies, Arthur Lira (Progressistas-AL ) that the text can be voted in the House until 10 May.
The parliamentarian’s statement was made at Palazzo Planalto, alongside Finance Minister Fernando Haddad (PT), and departs from the protocol he has adopted for commenting on government issues in the Chamber he presides over.
“It is not the president who determines whether it is approved or not. He (the president) will only encourage discussions, facilitate debate and lead the debate at the right time. We have a very big commitment and challenge to discuss tax reform in the first half ” Lira said. “It is important that the framework and all its conditions are discussed and voted on before fiscal strengthening. Therefore, we have a deadline. If we can meet the deadline until May 10 in the House, I think it satisfies well and gives a calm debate on the subject”.
The Speaker of the Chamber had promised to complete the discussion on the painting in the Chamber in just fifteen days. Along with Lira on Tuesday, Haddad said he wants the bill approved by the Senate in the first half of this year to advance tax reform discussions and draft the annual budget bill (LOA) for next year.
Lira also specified that the nomination of the project rapporteur should take place next Wednesday, the 19th, and the name of the chosen one shouldn’t come as a surprise. As shown the Estadao, the main parliamentarians cited to refer the text to the Chamber are deputies Fernando Monteiro (PE) and Arthur Fufuca (MA), both from the PP, Lira’s party. When asked whether the choice of a speaker from outside the government base could affect the progress of the project, the Speaker of the Chamber limited himself to joking and said that the parliamentarians will work to approve the measure.
“Our confidence is total. We will have a good result, a good law, which will serve as a basis for other measures that will follow and then we will have everyone’s help. An always very transparent understanding of what will be treated, as an antechamber of the tax reform ”Lira said.
The PL for the tax framework was released by the Ministry of Finance at 3.40pm. Less than an hour later, Lula and Haddad handed the text to Lira and the vice president of the Senate, Veneziano Vital do Rêgo (MDB-PB). The initial plan of the government was to present the project shortly after the meeting held by Lula with governors, mayors and leaders to address the escalation of violence in schools, but the idea was abandoned because Lira was returning to Brasilia in time and could not attend the event.
In addition to Lula, Haddad, Veneziano and Lira, Vice President Geraldo Alckimin (PSB), Ministers Rui Costa (PT), Civil House, Simone Tebet (MDB), Planning, Alexandre Padilha (PT), Institutional Relations and the Executive Secretary of Finance, Gabriel Galípolo. The meeting took place behind closed doors. Not even press photographers were able to enter the room to record the delivery of the project, which is the largest government initiative presented to Congress so far.
The text of the new fiscal framework contains seven pages and ten articles with limits to the growth margin of expenditure above inflation, between 0.6% (floor) and 2.5% per annum. The project also establishes individualized limits for the growth of the expenditure of the Executive, the Judiciary and the Public Prosecutor, the Federal Court of Auditors and the Public Defender.
Unlike what was initially presented by the economic team, the project does not foresee the paths of the fiscal targets for the primary result of the public accounts announced by Minister Haddad: 0% in 2024; 0.5% in 2025 and 1% in 2026, the last year of the Lula government. This advance information Stadium last week and are causing concern among stock traders.
Source: Terra
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