Congressional leaders strike a deal to put the PEC that releases emergency aid to a vote next Thursday; Senate president says text will bring calamity clause
The apprehension with fiscal risk for the arrangements between the federal government and Congress for the resumption of emergency aid pressed the mood in the financial market this Thursday, 18th. After opening in fall, the dollar reversed the signal and ended the day with an increase of 0.47%, to R $ 5.441. At the maximum, the currency reached R $ 5.453, while the minimum did not exceed R $ 5.387. The US currency closed yesterday with an increase of 0.76%, quoted at R $ 5.415. Domestic moodiness and the downward bias in international markets made the Ibovespa, the main index of the Brazilian stock exchange, closed the day with a fall of 0.96%, to 119,198 points. The trading session on Wednesday, 17, closed with an advance of 0.78%, above 120 thousand points for the first time since February 5.
Congressional leaders closed an agreement with the federal government to put the Proposed Emergency Constitution (PEC) Proposal to a vote next Thursday, 25. The text, which will present the clause that provides a breach for the resumption of emergency aid, will be delivered to the leaders by the rapporteur, Senator Márcio Bittar (MDB-AC), this Friday, the 19th. The expectation is that the PEC will proceed without major problems and be approved until March 3. According to the president of the Senate, Rodrigo Pacheco (DEM-MG), the bill will bring the war budget clause that removes the responsibility of the federal government to comply with the rule of law. spending ceiling. “This approval by the Federal Senate will allow, through a war budget clause, a calamity clause, so that there may be a breach necessary to implement emergency aid in Brazil.” The statement was given to journalists after lunch with mayor Arthur Lira (PP-AL) and Economy Minister Paulo Guedes.
The trio had already met on Friday, 12, to define the counterparts that Congress must approve for the federal government to make a new round of the benefit. After yielding to pressure from the Legislature, the economic team conditioned the return of emergency aid to the creation of devices that curb public spending when triggered, such as salary increases or hiring of civil servants. Although the minister said several times that the aid would be given upon approval, Pacheco said that there was no imposition to include the measure in the PEC. “It was another round of conversations to forward the aid and the counterpart, not as a condition to be approved, but as another signal from the Senate and the Chamber with fiscal responsibility,” he said. The federal government expects to start distributing the first installment in March. The Union works with an estimated budget of R $ 30 billion, enough to extend the payment of R $ 250 to approximately 30 million Brazilians for four months.