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 by Murillo de Aragão and Cristiano Noronha

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 House scheduled a General Assembly for April 16 to discuss this issue. Mayors want a rate below 20%. The Minister of Planning, Simone Tebet, said that she will include an annex in the PLDO with guidelines for reviewing spending. She stressed that it is necessary to move forward in the budget discussion.

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