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President Lula participates in the signing of the MP on Renewable Energy and Tariff Reduction, the Joint Committee on the payroll tax exemption was postponed until Thursday, and Pacheco committed to the zero-deficit target
BRAZIL POLITICS · Report · 09 Apr 2024

Today President Lula participates in the signing of the Provisional Measure (MP) on Renewable Energy and Tariff Reduction. It sets aside resources from the privatization of Eletrobras to reduce electricity bills by 3.5% in 2024. The installation of the Joint Committee to analyze the payroll tax r...

A race against time in Congress and other weekly topics
BRAZIL POLITICS · Report · 08 Apr 2024

President Lula may decide whether to replace Jean Paul Prates at Petrobras. Parliamentary fronts in the House conclude the discussion on Tax Reform. The government discusses the LDO bill, to be sent on April 15, along with Tax Reform regulations. This week's Talking Points:  * A race a...

President Lula may make a decision regarding the president of Petrobras this week, the Joint Committee on the payroll tax exemption should be installed, and government rushes to finalize the Tax Reform regulations
BRAZIL POLITICS · Report · 08 Apr 2024

We are expecting some developments regarding Petrobras this week. President Lula may decide whether or not Jean Paul Prates will remain in office. The president of BNDES, Aloizio Mercadante, is currently the main option to replace Prates. On Tuesday, April 9, the Joint Committee is scheduled to b...

There are reports that Jean Paul Prates will likely be replaced as president of Petrobras, the MGI will meet with environmental career representatives, and the Joint Committee on the payroll tax exemption should be installed next week
BRAZIL POLITICS · Report · 05 Apr 2024

The relationship between Jean Paul Prates and the government has reportedly deteriorated significantly. In other news, today, the Ministry of Management and Innovation (MGI) will hold a meeting with environmental career representatives to discuss the group’s demands. Currently, employees from Iba...

The AGU filed a request to extend the conciliation deadline in the Eletrobras case, Lula may issue an MP that could result in a 3% reduction in electricity bills, and the government will file a case against Pacheco’s decision on the payroll tax
BRAZIL POLITICS · Report · 04 Apr 2024

Yesterday, the Federal Attorney General's Office (AGU) filed a request in the Supreme Federal Court (STF) to extend the deadline for conciliation with Eletrobras in the lawsuit that calls for greater government participation in the company. Also yesterday, the Minister of Mines and Energy, Alexan...

The Ministry of Finance was surprised by Pacheco’s decision on the payroll tax exemption, the House scheduled a meeting on April 16 to discuss this issue, and Tebet said she will include an annex in the PLDO on spending review
BRAZIL POLITICS · Report · 03 Apr 2024

The Ministry of Finance was surprised by Senate President Rodrigo Pacheco’s (PSD-MG) decision to remove the resumption of the payroll tax for municipalities from provisional measure (MP) 1202. The decision has an estimated cost of R$10 billion and clearly has an electoral motivation. The Lower Ho...

Pacheco published a decision on the payroll tax exemption, Haddad discusses the 2025 surplus target, and the Minister of Mines and Energy presents proposals on energy tariffs
BRAZIL POLITICS · Report · 02 Apr 2024

Yesterday, a decision by the president of the Senate, Rodrigo Pacheco (PSD-MG), was published in an extra edition of the Federal Official Gazette, maintaining the payroll tax exemption for cities with a population of up to approximately 150,000. In a recent interview, the Minister of Finance, Fer...

Preferences leaning center-right in the municipal elections and other weekly topics
BRAZIL POLITICS · Report · 01 Apr 2024

This will be a slow week in the National Congress due to the party window, when party members can change parties without losing their mandate. Rodrigo Pacheco and Fernando Haddad may return to discussing state debt. This week's Talking Points:  * Michelle Bolsonaro in the 2026 election...

This will be a slow week in Congress, Pacheco and Haddad will meet to discuss the states’ federal debt, and the LDO must be submitted to Congress by April 15
BRAZIL POLITICS · Report · 01 Apr 2024

This week will be slow in the Lower House due to the party window, which ends on Friday, April 5. The president of the House, Deputy Arthur Lira (PP-AL), decided to suspend all in-person activities in the House this week because of the party window. The president of the Senate, Rodrigo Pacheco (P...

Haddad said he will submit proposals on Tax Reform regulations by April 15, next week will be slow due to the party window, and Congress is planning to partially override Lula’s vetoes to the Budget
BRAZIL POLITICS · Report · 28 Mar 2024

Yesterday the Minister of Finance, Fernando Haddad, said once again that he will submit proposals to regulate Tax Reform by April 15. At first, he will submit bills related to consumption. We will also have little activity next week, as many legislators will not be in Brasília due to the party wi...

The House approved the Bankruptcy Law bill yesterday, Pacheco will ask the government to submit its bill on state debt in 10 days, and ministers meet with French President Macron
BRAZIL POLITICS · Report · 27 Mar 2024

Yesterday, the House approved a bill that changes the Bankruptcy and Recoveries Law, speeding up the processes by increasing the power of creditors. The text now goes to the Senate for further analysis. Also yesterday, the president of the Senate, Rodrigo Pacheco (PSD-MG), said that the states' f...

Haddad will meet with governors to discuss state debt, Pacheco should submit a bill to renegotiate state debt, and the House may vote on the Bankruptcy Law bill
BRAZIL POLITICS · Report · 26 Mar 2024

Today, the Minister of Finance, Fernando Haddad, will meet with the governors of the South and Southeast to present a proposal to review the criteria for indexing the states' debt. Minister Haddad has already taken the matter to President Lula (PT). The governors will also meet with the president...

The goverment agenda begins to see progress and other weekly topics
BRAZIL POLITICS · Report · 25 Mar 2024

This will be a shorter week due to the federal holiday on Friday. The House is trying to vote on the new Bankruptcy Law and the bill on persistent debtors. Minister Fernando Haddad discusses the states' debt with the governors. This week's Talking Points: * Tax Reform regulation. ...

The House may vote on the Bankruptcy Law bill and the persistent debtors bill this week, Haddad will meet with governors to discuss state debt, and French President Macron will visit Brazil this week
BRAZIL POLITICS · Report · 25 Mar 2024

The president of the House, Arthur Lira (PP-AL), scheduled for Tuesday, March 26, the vote on PL nº 3/2024, which provides for changes to the Bankruptcy Law. Another matter that is causing tension in the House and that may be put to a vote is Bill nº 15/2024, which creates a tax compliance progra...

Another poll has confirmed a drop in Lula’s popularity, the STF rejected the lifetime review of the INSS, and next week will be slower due to the federal holiday
BRAZIL POLITICS · Report · 22 Mar 2024

Yesterday, another government rating poll was published confirming a drop in the President's popularity. The Datafolha poll showed that the negative ratings (bad/very bad) of the Lula (PT) government grew by three percentage points compared to December last year, reaching 33%. Also yesterday, the...

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