This is the second-to-last week of the legislative year, Braga is looking to reduce resistance to his text in the House, and the Copom will meet for the last time this year

BRAZIL POLITICS - Report 09 Dec 2024 by Murillo de Aragão and Cristiano Noronha

The second-to-last week of activity in the National Congress comes with a packed agenda. Braga is negotiating with the Lower House to make adjustments to the text, aiming to reduce resistance to the changes introduced by the Senate and ensure the vote is finalized this year. To meet this timeline, the Senate will need to approve an urgent status request so the matter can be voted on by December 13. The Central Bank’s Monetary Policy Committee (Copom) will hold its final meeting of the year to decide on the basic interest rate (Selic), currently at 11.25%. This will be the last meeting chaired by Roberto Campos Neto, whose term ends on December 31.

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