Government sends fiscal adjustment bill to the Senate to save R$ 54 billion

Learn the details of the fiscal adjustment bill sent to the Senate, which foresees cutting benefits and controlling super-salaries to balance public accounts.

Government sends fiscal adjustment bill to the Senate to save R$ 54 billion

TL;DR

  • The bill aims to save up to R$ 54 billion by 2027 through fiscal adjustments.
  • It introduces a new contingency system to freeze funds if public accounts fall below expectations.
  • Tax incentives will be reviewed, with companies potentially paying at least 20% of standard tax rates.
  • A 120-day deadline is set for Congress to regulate public sector salary caps.
  • The government can use up to 40% of leftover funds from specific funds to pay mandatory bills.
  • Exceptional authorization is granted to discount diesel oil subsidies from the fiscal target.