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COUNTRY INSIGHTS

The end of the CPIs favors the government and other weekly topics
BRAZIL POLITICS · Report · 18 Sep 2023

President Lula will give the opening speech at the UN General Assembly in New York. On Thursday, September 21, the deadline for sanctioning the CARF project ends. In the Supreme Federal Court (STF), the justices resume adjudication of the demarcation of indigenous lands. The Monetary Policy Commi...

President Lula will speak at the opening of the UN General Assembly tomorrow, the STF will resume adjudication of the demarcation of indigenous lands, and the Central Bank is expected to reduce the basic interest rate to 12.75%
BRAZIL POLITICS · Report · 18 Sep 2023

On Tuesday, September 19, President Lula (PT) will deliver the opening speech of the UN General Assembly, in New York. The next day, he is expected to meet with the President of the United States, Joe Biden. On Wednesday, September 20, the Supreme Federal Court (STF) will resume adjudication of t...

President Lula will speak at the opening of the UN General Assembly next week, the CCJ continues discussions on Tax Reform, and the Central Bank will meet to decide on the basic interest rate
BRAZIL POLITICS · Report · 15 Sep 2023

The presidents of the House, Arthur Lira (PP-AL), and the Senate, Rodrigo Pacheco (PSD-MG), will accompany President Lula on his trip to the United States next week. Next week, the Constitution and Justice Committee (CCJ) continues with the debate on Tax Reform. On Tuesday, there will be a public...

The new members of the ministerial team took office yesterday, the House approved the sports betting regulation bill, and a new schedule for Tax Reform was released yesterday
BRAZIL POLITICS · Report · 14 Sep 2023

Yesterday, President Lula inaugurated the new ministers: André Fufuca (Sports), Silvio Costa Filho (Ports and Airports), and Márcio França (Entrepreneurship, Micro-enterprise and Small Business). The PP and Republicanos parties are still looking for more second-tier positions. Yesterday, the Hous...

The new members of the ministerial team should take office today, the government was forced to remove the urgent status of two bills in Congress, and the government is negotiating the vote on the bill on the ICMS compensation payment
BRAZIL POLITICS · Report · 13 Sep 2023

The new ministers of Ports and Airports, Silvio Costa Filho (Republicanos), and Sports, André Fufuca (PP), take office today. The parties continue to seek other positions in the government. Yesterday, the government was forced to withdraw the constitutional urgent status of two bills that were bl...

The rapporteur of Tax Reform is optimistic about the promulgation of the proposal this year, the new members of the ministerial team are expected to take office tomorrow, and the CMO will discuss the fiscal framework today
BRAZIL POLITICS · Report · 12 Sep 2023

The rapporteur of the Tax Reform proposal in the House, Aguinaldo Ribeiro (PP-PB), is optimistic about the promulgation of the matter this year. The new ministers announced by President Lula last week will take office tomorrow. The ceremony for the new Minister of Ports and Airports, Silvio Costa...

The collection agenda faces skepticism and other weekly topics
BRAZIL POLITICS · Report · 11 Sep 2023

The new ministers announced by the government (Ports and Airports; Sports; and Micro and Small Businesses) may take office. In the Senate, the payroll tax exemption bill may be put to a vote. In the House, the proposal for a mini-electoral reform may be put to a vote. This week's Talking Point...

Lula finalized the changes to the ministerial team last week, the payroll tax exemption bill returned to the Senate, and the Ministry of Finance has called for vetoes of parts of the bill
BRAZIL POLITICS · Report · 11 Sep 2023

The government finally announced changes to its ministerial team last week. Deputy Silvio Costa Filho (Republicanos-PE) will take over the Ports and Airports Ministry, replacing Márcio França (PSB-PE), who will go to the Ministry of Micro and Small Business. Deputy André Fufuca will replace Ana M...

Lula finalized the changes to his ministerial team, TCU auditors will meet to discuss Justice Toffoli’s decision on evidence from Operation Car Wash, and the Senate should vote on the payroll tax exemptions bill next week
BRAZIL POLITICS · Report · 08 Sep 2023

After weeks of negotiations, the government finally announced changes to its ministerial team. Silvio Costa Filho (Republicanos-PE) will take over the Ports and Airports Ministry, replacing Márcio França (PSB-PE), who will be appointed to the Ministry of Small and Microenterprises. André Fufuca w...

Lula will try to finalize Ministerial Reform by the end of the day today, the House approved the Desenrola bill yesterday, and the House also approved the urgent status of the ICMS compensation bill
BRAZIL POLITICS · Report · 06 Sep 2023

Ministerial reform remains stalled. The Ministry of Ports and Airports will be given to the Republicanos party. The PP, however, is reluctant to accept the Ministry of Sports. The party sees the offer as a consolation prize. Yesterday, the House approved a bill that creates the Desenrola program,...

Lula is expected to finalize Ministerial Reform by tomorrow, the House approved the urgent status of the CMN bill, and the deadline for submitting edits to the investments MP ended yesterday
BRAZIL POLITICS · Report · 05 Sep 2023

President Lula is advancing in the negotiations on Ministerial Reform to give government positions to the PP and Republicanos parties. The PP should be given the Ministry of Sports and the Republicanos, the Ports and Airports Ministry. Yesterday, the House approved the urgent status of Bill 2685/...

Musical chairs and other weekly topics
BRAZIL POLITICS · Report · 05 Sep 2023

The September 7 holiday will slow activity in Congress. The government submitted provisional measures on the taxation of exclusive funds and tax credits arising from the subsidy for the implementation or expansion of economic endeavors. President Lula travels to India for the G20 meeting. This...

The 2024 Federal Budget was submitted to Congress yesterday, September 7 is a federal holiday, and President Lula will participate in the G20 meeting next week
BRAZIL POLITICS · Report · 01 Sep 2023

Yesterday, the proposal for the Federal Budget for 2024 was submitted to the National Congress. The bill, prepared based on the new fiscal framework, follows the goal of a zero primary deficit next year as a proportion of GDP. Next week, with the September 7 holiday, we will have a relatively emp...

The Senate approved the CARF bill, the House approved the payroll tax exemption bill with some changes to the contribution by municipalities, and the STF will resume adjudication of the demarcation of indigenous lands
BRAZIL POLITICS · Report · 31 Aug 2023

The Senate approved the bill that reinstates the tie-breaking vote in the Administrative Council of Tax Appeals (CARF). There were 34 votes in favor and 27 against. The text will now be sent to President Lula for sanctioning. The deputies approved the extension of the payroll tax exemption for 17...

The MP on the taxation of exclusive and open funds may be joined with the bill on offshore taxation, the House will vote on payroll tax exemptions today, and the Senate will vote on the CARF bill
BRAZIL POLITICS · Report · 30 Aug 2023

The incorporation of the provisional measure (MP) on exclusive funds into the bill that deals with offshore taxation is being discussed in the House, as the provisional measure may expire. The maneuver would join both texts into a single proposal—an important part of the set of measures intended ...

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