Arthur Lira confirms that the government should receive more support in Congress, Pacheco says Brazil is fortunate to have a President who cares about the environment, and the Copom meets today to discuss the interest rate

BRAZIL POLITICS - Report 19 Sep 2023 by Murillo de Aragão and Cristiano Noronha

The president of the House, Arthur Lira (PP-AL), said that he trusts in a calm coalition and that the government can have a base of between 340 and 350 votes. In other words, this is a positive message for the Planalto Palace that the Ministerial Reform can improve the relationship between the Executive and Legislative branches. Yesterday, the president of the Senate, Rodrigo Pacheco (PSD-MG), said that Brazil is fortunate to have a president of the Republic who cares about the environmental agenda. Today, the Central Bank (BC) begins its two-day meeting to decide on the basic interest rate. Currently, the Selic is at 13.25%, and the market expects a reduction to 12.75%.

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