This is the final week of recess, Petrobras is expected to disclose its new dividend payment policy, and the PP and Republicanos should be given one ministry each

BRAZIL POLITICS - Report 24 Jul 2023 by Murillo de Aragão and Cristiano Noronha

This is the final week of recess for the judiciary and legislature, which resume their activities on Tuesday of next week. But some matters deserve attention in the coming days. Petrobras is expected to disclose its new dividend payment policy to shareholders. The company is expected to pay less in dividends to its shareholders and announce more investments, according to the government's guideline. The PP and Republicanos should be given one ministry each. But changes in second-tier positions, such as the presidency of Caixa, are also expected. These changes are aimed at improving the government's support in Congress.

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