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6 results for “fiscal responsibility”
Brazil Supreme Court Moves to Impose Binding Fiscal Discipline on All Government Spending
The STF has begun processing a 'Súmula Vinculante' that would force all federal, state, and municipal laws creating expenses or tax benefits to include a fiscal impact analysis and compensatory measures.
Lula’s R$691 Welfare Hike Faces Constitutional Showdown as Audit Court Prosecutor Seeks Suspension
Brazil's Attorney General has asked the Supreme Court to validate a 15.04% increase to the Bolsa Família program after the Federal Audit Court's prosecutor challenged the measure as fiscally irresponsible.
Brazil Finance Minister Durigan Says STF Crisis Is Hurting Economy and Investor Confidence
Finance Minister Dario Durigan openly admitted that institutional instability at the Supreme Federal Court (STF) is harming the Brazilian economy and raising the perceived "Brazil risk.
Ibovespa Surges 5.4% as Brazilian Market Prices In Shift Toward Fiscal Conservatism
Brazil's stock market rallied sharply on new polls suggesting a right-wing presidential victory is possible, boosting investor hopes for fiscal reform.
Brazil Finance Minister Dario Durigan Outlines Re-election Economic Pitch: Fiscal Discipline to Cut Selic Rate
Dario Durigan clarified the Lula administration's economic focus, linking strict fiscal control to lower interest rates and a key labor reform.
Brazil Supreme Court Moves to Block Local ‘Bomb Bills’ on Fiscal Grounds
Brazil's STF is moving to formalize a rule that will block state and municipal laws that create expenses without funding.