GlobalSource Partners | Country Insights | Brazil Politics

The governors and the TSE will discuss the possibility of modifying the price of fuel in an election year. The TSE has said that the provision of the electoral law that prohibits this may be suspended for this year. The government would like to limit the increase in gas prices. The estimated impa...

Electoral measures with fiscal impact and other weekly topics

BRAZIL POLITICS · Report · 21 Mar 2022 · 1 response

On Sunday, March 27, President Jair Bolsonaro launches his pre-candidacy for re-election. On Wednesday, March 23, Geraldo Alckmin joins the PSB and takes important steps toward becoming viable as Lula's VP in the presidential election. The Senate CCJ puts the Tax Reform proposal to a vote. Govern...

Geraldo Alckmin will join the PSB on Wednesday, four new presidential polls will be published this week, and the CCJ in the Senate will make another attempt to approve Tax Reform

BRAZIL POLITICS · Report · 21 Mar 2022

Former Governor Geraldo Alckmin’s affiliation with the PSB practically confirms his candidacy as Vice President alongside former President Lula. This possibility will be discussed at the National Directory of the PT the following day. Time is running out for Eduardo Leite to define his political ...

The federal government announced measures that could inject R$ 150 billion into the economy, some of Bolsonaro’s vetoes were overturned in Congress yesterday, and the 10th National Forum of Governors takes place next week

BRAZIL POLITICS · Report · 18 Mar 2022

One of the government’s measures allows the withdrawal of up to R$ 1,000 from the Guaranteed Service Time Fund (FGTS). Another allows for early access to the 13th salary installment for INSS retirees and pensioners. The package may improve the government's ratings. One of the vetoes that was over...

The federal government will announce measures to stimulate the economy, Petrobras was criticized from all angles yesterday, and public servants are still calling for a salary raise

BRAZIL POLITICS · Report · 17 Mar 2022

In response to the lowering of the economic growth prediction for this year, from 2.1% to 1.5%, Bolsonaro will launch the Income and Opportunity Program tomorrow. The program should allow access to funds for people to pay off their debts. Yesterday, Bolsonaro said that Petrobras CEO Joaquim Silva...

The Senate CCJ will analyze the Tax Reform proposal, the government is hoping its measures to stimulate the economy will improve its popularity, and a new presidential poll will be published today

BRAZIL POLITICS · Report · 16 Mar 2022

The rapporteur of the Tax Reform proposal is Senator Roberto Rocha (PSDB-MA). We still believe that Senate approval is unlikely this year. Despite recognizing that this matter is important, the Senate still has not reached a consensus on the text. One of the government’s economic measures is the ...

The main focus for the week is the increase in commodity prices, and there is a lull in congressional activities due to electoral negotiations

BRAZIL POLITICS · Report · 15 Mar 2022

The consequences of the war between Russia and Ukraine, especially the impact on commodity prices in Brazil, will be the main focus for the week. One of the biggest concerns in the market and in the business sector in general remains the truck drivers issue. While there is some discontent due to ...

War keeps the economy as a priority and other weekly topics

BRAZIL POLITICS · Report · 14 Mar 2022

Bolsonaro holds the first ministerial meeting of 2022. It should be the final meeting with the current team, as nine ministers intend to run for elected office in October. Governors can question the law dealing with the ICMS on fuels in the STF. The CCJ of the Senate discusses Tax Reform. In term...

The fuel issue remains a priority on the agenda, Bolsonaro holds this year’s first ministerial meeting on Thursday, and two new presidential polls will be published this week

BRAZIL POLITICS · Report · 14 Mar 2022

News circulated last week that truck drivers may organize a strike due to the increase in fuel prices. However, we believe this is unlikely to happen, as they recognize the government is putting in a great deal of effort to mitigate the effects of the price increases and that the increase is caus...

The Senate approved both fuel bills last night, the National Fertilizer Plan will be launched today, and a committee of jurists will be installed in the Senate to update the Impeachment Law

BRAZIL POLITICS · Report · 11 Mar 2022

As a result of the price increase announced by Petrobras, the Senate approved both fuel bills. PLP 11 was also approved in the House yesterday, and President Bolsonaro has 15 working days to sanction it. PL 1472 still does not have an agreement in the House, and the rapporteur of the bill says it...

The vote on the fuel bills was postponed to today, the STF voted against the PDT’s case on the Clean Record Law, and Rodrigo Pacheco stated he will not be running for President of the Republic

BRAZIL POLITICS · Report · 10 Mar 2022

The vote on the fuel bills was postponed to today. The Amazon caucus asked for changes to be made to the decree that reduced the IPI to avoid damaging the Manaus Free Trade Zone, and the inclusion of a gasoline voucher for app drivers and motorcycle taxi drivers in PLP 11 was also discussed. The ...

The fuel issue remains the main matter on the agenda, the STF will judge the PDT’s case on the Clean Record Law, and a new presidential poll will be published today

BRAZIL POLITICS · Report · 09 Mar 2022

Between the two bills on the fuel issue, PLP 11 has more support in the Senate than PL 1472. The governors, as well as the rapporteur, Senator Jean Paul Prates, support the bill that deals with the price stabilization fund — PL 1472. President Bolsonaro will meet with Ciro Nogueira, Paulo Guedes,...

The fuel issue remains on the agenda, Bolsonaro announces a new program aimed at helping women, and a demonstration is being called against the government’s environmental policies

BRAZIL POLITICS · Report · 08 Mar 2022

At 3 p.m., a meeting has been scheduled between Ciro Nogueira, Paulo Guedes, Bento Albuquerque, Roberto Campos Neto, and Joaquim Silva e Luna to discuss the fuel issue. The political wing of the government is concerned that the increase in the price of oil due to the war in Ukraine will be passed...

Post-Carnival legislative agenda and other weekly topics

BRAZIL POLITICS · Report · 07 Mar 2022

The government may announce measures to stimulate the economy. The Senate will resume the discussion of bills dealing with fuels. In the Executive Office, the Chief of Staff, the Ministers of Economy and Mines and Energy, and the President of Petrobras meet to discuss fuel prices. Instituto Paran...

The Senate should vote on the fuel bills on Wednesday, the government is expected to announce measures to stimulate the economy, and two new polls on the presidential election will be published this week

BRAZIL POLITICS · Report · 07 Mar 2022

The Senate should make yet another attempt to vote on PL nº 1.472/21 and PLP nº 11/20 on Wednesday, March 9. The rapporteur for both bills is Senator Jean Paul Prates (PT-RN). If approved in the Senate, the bills will go to the House for further analysis. The government is expected to announce me...