GlobalSource Partners | Country Insights | Brazil Politics

The new Genial/Quaest presidential poll was carried out last week, from February 3-6. The results should be similar to other recent polls, with Lula in the lead, followed by Jair Bolsonaro, and third candidates trailing behind. The distance between them should be lower due to the beginning of the...

Congressional party leaders meet to discuss presidential vetoes, Ministry of Economy’s Special Secretary of Treasury and Budget and the Chief of Staff had a meeting, and the Human Rights Committee of the Senate approved summoning the Minister of Health

BRAZIL POLITICS · Report · 08 Feb 2022

Members of Congress are pressing to overturn the vetoes on the Refis for micro and small companies, the Budget, the BR do Mar and Eletrobras, among others. The topic of discussion between the Special Secretary of the Treasury and Budget and the Chief of Staff was the tax exemption for fuels. Ther...

Lula may have the most TV and radio time and other weekly topics

BRAZIL POLITICS · Report · 07 Feb 2022

Congress meets on Tuesday to review presidential vetoes. The rapporteur of the Tax Reform proposal, Roberto Rocha, may submit his report to the CCJ of the Senate. The fuel issue remains on the agenda in the Executive and Legislative branches. The Genial/Quaest and XP/Ipespe polls on the president...

Congress is expected to review presidential vetoes this week, the fuels issue remains on the agenda, and two new polls on the presidential election are to be published

BRAZIL POLITICS · Report · 07 Feb 2022

One of the vetoes that may be overturned is the one on the Budget. In all, the Bolsonaro government vetoed R$ 3.184 billion in expenditures approved by legislators. The rapporteur of the bill supports overturning this veto. Another veto refers to the bill that allowed the renegotiation of debts o...

A PEC on the fuels issue was submitted to Congress yesterday, the governors are trying to postpone the discussion on tax reform, and public servants are expected to mobilize in favor of a salary raise again next week

BRAZIL POLITICS · Report · 04 Feb 2022

Deputy Christino Áureo (PP-RJ) submitted a Constitutional Amendment Proposal (PEC) that allows the government to reduce or even zero taxes on all fuels, cooking gas and taxes such as the IPI in 2022 and 2023 – without needing to compensate for the drop in revenue with an increase in other taxes. ...

Arthur Lira and Rodrigo Pacheco talk about the tax issue, President Jair Bolsonaro indirectly criticizes former President Lula, and the public servants' salary issue continues

BRAZIL POLITICS · Report · 03 Feb 2022

Lira recalled that the House voted on PL 2337/2021, which he believes has several merits, including achieving greater tax justice by revoking tax exemptions, instituting a tax on dividends, reducing the corporate tax, and updating the tax brackets for individuals including reducing or eliminating...

Congress returns to work, two new presidential polls are scheduled to be published, and the Central Bank to make a decision on the interest rate

BRAZIL POLITICS · Report · 02 Feb 2022

A statement from the Executive Branch will be read, highlighting its priorities for the year. On Thursday, Rodrigo Pacheco should meet with party leaders to discuss the agenda for next week. The possibility that the government could set the IPI tax rate to zero for all products generated negative...

The Supreme Federal Court returns from recess, Bolsonaro addresses the fuel issue, and the presidential candidates continue to make moves

BRAZIL POLITICS · Report · 01 Feb 2022

The Supreme Federal Court has scheduled a court session to mark the beginning of the year for the Judiciary. The year will begin with a few points of tension. Bolsonaro did not appear for his testimony at the Federal Police last week, disregarding a decision by Minister Alexandre de Moraes. Bolso...

The race for the center and other weekly topics

BRAZIL POLITICS · Report · 31 Jan 2022

The Judiciary and Congress return to work this week. In Congress, no significant votes are expected for this week. In terms of the economy, the first Copom meeting to decide the basic interest rate should be highlighted. Anatel judges the sale of Oi on Monday, January 31. Two new polls on the pre...

Congress and the Judiciary resume activity, two new polls on the presidential election will be published, and Anatel holds an extraordinary meeting

BRAZIL POLITICS · Report · 31 Jan 2022

The Judiciary returns on Tuesday, and the Legislature returns on Wednesday. There are no relevant bills on the agenda in either the House or the Senate, but there are a number of other matters on the congressional agenda. The issue involving President Jair Bolsonaro's failure to testify at the Fe...

Bolsonaro grants raise to public school teachers, Sérgio Moro discloses his earnings during his time working at Alvarez & Marsal, and Congress resumes activity next week

BRAZIL POLITICS · Report · 28 Jan 2022

According to Law 11738/08, Article 5: “The national professional salary for public teachers of basic education will be updated annually in January, starting in 2009”. If the amount is not included in the budget, some changes will have to be made. This raise tends to increase the pressure from oth...

The Confax meets today to decide on ICMS tax freeze, the Banco Modal poll yesterday had surprising results, and the Superior Electoral Court published the time allotment for free party advertising on TV and radio

BRAZIL POLITICS · Report · 27 Jan 2022

The Confaz meets today to decide on whether to extend the ICMS tax freeze for another 60 days. In a statement, 21 governors asked that, within this period, structural solutions to stabilize the prices of fuel be established, considering the terms of Bill No. 1472 from 2021. The Banco Modal poll w...

The OECD invites Brazil to join the organization, public servants continue to press for salary raises, and Alckmin is close to a deal to run as Lula’s Vice President

BRAZIL POLITICS · Report · 26 Jan 2022

The Organization for Economic Cooperation and Development (OECD) has officially invited six countries, including Brazil, to begin the process of joining the organization. The Brazilian government has committed to zeroing the IOF rate by 2029. The Secretary of International Economic Affairs at the...

The PEC on Fuels may be submitted to Congress this week, deputies discuss overturning Bolsonaro’s vetoes on the Federal Budget, and the PT caucus in the House tries to attack Sergio Moro

BRAZIL POLITICS · Report · 25 Jan 2022

The PEC on Fuels would allow federal taxes and the ICMS tax on fuel to be reduced or even zeroed. The proposal would have an impact of R$ 27 billion on the tax collection of states and municipalities. Truck drivers may put pressure on the government and Congress to find a solution for the high pr...

Political uncertainties in the presidential election and other weekly topics

BRAZIL POLITICS · Report · 24 Jan 2022

This is the last week of recess in the National Congress, which returns to work on February 2. Left-wing parties discuss the formation of a party federation in support of former President Lula's (PT) candidacy for the Planalto Palace. Two new voting intention polls on the upcoming elections will ...