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7 results for “new fiscal framework”

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