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7 results for “new fiscal framework”

Brazil’s Diesel Subsidy Extension Tests Fiscal Rule Amid Claim of Oil Revenue Offset
PROMarkets• 1h ago

Brazil’s Diesel Subsidy Extension Tests Fiscal Rule Amid Claim of Oil Revenue Offset

Brazil's government plans to extend a key R$2.12/liter diesel subsidy for 30 days, citing extraordinary oil revenue to offset the fiscal cost, a move that tests its new spending rules.

Lula Sanctions Law Carving Out Fiscal Exceptions for Data Centers and Tax Benefits
PROPolitics• Sep 16

Lula Sanctions Law Carving Out Fiscal Exceptions for Data Centers and Tax Benefits

President Lula approved Complementary Law 237/26, which creates exceptions to Brazil’s new fiscal framework, raising concerns about the government's ability to control spending.

Brazil Finance Minister Asks Supreme Court to Halt Congress Spending Bills
PROPolitics• Sep 13

Brazil Finance Minister Asks Supreme Court to Halt Congress Spending Bills

Finance Minister Dario Durigan is appealing to the Supreme Federal Court (STF) to stop Congress from passing spending bills that threaten Brazil’s new Fiscal Framework.

Lula Re-election Platform Vows Adherence to Fiscal Rule While Targeting Congressional ‘Pork-Barrel’ Spending
Politics• Sep 12

Lula Re-election Platform Vows Adherence to Fiscal Rule While Targeting Congressional ‘Pork-Barrel’ Spending

Brazil's President Lula da Silva’s re-election platform promises to maintain the New Fiscal Framework while proposing a reorganization of parliamentary budget amendments.

Lula Bypasses Fiscal Rule with R$6.6 Billion Fuel Subsidy, Renewing Brazil Fiscal Concern
PROPolitics• Sep 09

Lula Bypasses Fiscal Rule with R$6.6 Billion Fuel Subsidy, Renewing Brazil Fiscal Concern

President Lula authorized a massive R$6.6 billion extraordinary credit for fuel subsidies, raising concerns about the new fiscal framework.

Bolsonaro Challenger Proposes R$190 Billion Fiscal Cut and 20-Year Legal Stability for Investors
PROPolitics• Sep 06

Bolsonaro Challenger Proposes R$190 Billion Fiscal Cut and 20-Year Legal Stability for Investors

Senator Flávio Bolsonaro's presidential platform targets a 1.5% GDP cut, a new fiscal framework, and Judiciary spending.

PROMarkets• Aug 23

Brazil’s Fiscal Framework Credibility Erodes as Real Deficit Threatens Public Debt Stability

Brazil's New Fiscal Framework is undermined by rising deficits and spending 'exceptions,' jeopardizing debt stabilization and sustaining a high country risk.