Haddad announced a R$ 15 billion budget cut to comply with the fiscal framework, the Voa Brasil program will begin next week, and the PGR opposed a PT request for the STF to suspend the concession for Sabesp

BRAZIL POLITICS - Report 19 Jul 2024 by Murillo de Aragão and Cristiano Noronha

Finance Minister Fernando Haddad announced yesterday that the government will make a cut of R$ 15 billion to comply with the fiscal framework this year. There will be R$ 11.2 billion of blocked funds, due to spending above the 2.5% limit provided for in the framework, and R$ 3.8 billion in contingencies. After a series of delays, the Voa Brasil program, which is expected to offer air tickets for up to R$200, will finally be launched next Wednesday, July 24, in a downsized version. With the new reformulation, the first phase will focus on discounts for retirees only. The Attorney General's Office (PGR) opposed a request submitted by the PT for the Supreme Federal Court (STF) to suspend the signing of a new concession contract between the City of São Paulo and the Basic Sanitation Company of the State of São Paulo (Sabesp), which is in the process of privatization.

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