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 by Murillo de Aragão and Cristiano Noronha

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 overturned was on the measure that provided help to the events sector during the pandemic. Another was in the BR do Mar bill, referring to the reduction of the rates of the Additional Freight Cost for the Renovation of the Merchant Marine Fleet (AFRMM). Next week, governors will hold their 10th National Forum, to discuss the changes in the ICMS tax on fuel.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 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.