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 by Murillo de Aragão and Cristiano Noronha

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 be installed to analyze the provisional measure (MP) that deals with payroll tax relief (MP no. 1,202/23). The MP also puts an end to the Emergency Events Sector Resumption Program (Perse). The government is also rushing to finalize the Tax Reform regulations. The Minister of Finance, Fernando Haddad, said he intends to send the texts on April 15.

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