Pacheco discusses the PEC on Fuels in the Senate, the arrest of former Minister of Education Milton Ribeiro reflects poorly on Bolsonaro, and two more presidential polls will be published today

BRAZIL POLITICS - Report 23 Jun 2022 by Murillo de Aragão and Cristiano Noronha

The PEC on Fuels provides for reimbursements from the federal government to states that reduce their Tax on the Circulation of Goods and Services (ICMS) rate below 17%. According to the PEC, the total amount of reimbursements is up to R$ 29.6 billion. The arrest of former Minister of Education Milton Ribeiro weakens Bolsonaro's image, along with that of his political allies. The announcement has come at a bad time, when opinion polls show a slight increase in the distance between Lula and Bolsonaro. Today, two more polls on the election will be published, one from Datafolha and another from Exam/Idea. Neither of them, however, will reveal the impact of the arrest of the former minister.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2022 GlobalSource Partners. All rights reserved. This Report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This Report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this Report or its contents.