Proposal that opens space for the resumption of emergency aid will be voted in the second round this Thursday before going to the Chamber; text limits spending on benefits at R $ 44 billion
The mood of financial market returned to positive ground this Thursday, 4, after the Senate’s approval of the basic text of the Proposed Amendment to the Constitution (PEC) and indications that the federal government will buy vaccines from Pfizer and yes Janssen. At around 11:50 am, the dollar decreased 0.85%, to R $ 5.615. The currency reached a maximum of R $ 5.627, while the minimum did not exceed R $ 5.564. The currency closed the day before with a 0.03% drop, quoted at R $ 5.644 after a day of strong volatility and with the exchange rate going up from R $ 5.76. Despite the bad weather abroad with low prices on the European and United States stock exchanges, the domestic scenario makes Ibovespa, B3’s main index, advance 1.82%, to 113,212 points. The trading session on Wednesday, 3, closed with a fall of 0.32%, totaling 111,183 points.
THE Senate approved, on the night of this Wednesday, 3rd, the basic text of the Emergency PEC, which opens space in the Budget for new rounds of the emergency aid. The first round vote was widely accepted, with 62 votes in favor and 16 against. All the highlights that could alter the content of the article were rejected, including one from the Workers’ Party (PT), which set the amount of emergency aid at R $ 600. The text foresees measures that can be adopted in case of non-compliance with the Union’s spending ceiling to the inflation of the previous year and the resumption of the assistance benefit. Subsequently, the proposal will be forwarded to the Chamber of Deputies, where it needs the approval of at least 308 of the 513 deputies. The Emergency PEC does not describe the rules for the return of the benefit. Points such as the value of the parcels, the number of people served and the extent of payments will be defined by a provisional measure or a bill authored by federal government. The expectation is that the aid will be R $ 250, distributed over four months, with expenses of approximately R $ 30 billion to the public coffers – the most recent opinion presented by Senator Márcio Bittar (MDB-AC) establishes at R $ 44 billion the maximum expenditure for the granting of emergency aid.
Still on the domestic news, investors are analyzing the federal government’s purchase of Pfizer and Janssen immunizers. According to the Young pan, the Minister of Health, Eduardo Pazuello, asked for exclusivity in the sale of vaccines to the Union. The federal government has advanced in the purchase of immunizers and intends to purchase 138 million doses – of this amount, 100 million would be Pfizer and another 38 million of Janssen vaccine, single dose. Still according to an aide to the minister, the expectation is that the contract with the two pharmaceutical companies will be signed next week. According to the Ministry of Health, Pfizer and BioNTech vaccines should arrive in Brazil in the second quarter of 2021. The folder also states that the progress in negotiations with the two pharmaceutical companies is due to the approval of the bill that facilitates the purchase of vaccines against Covid-19 by the federal, state and municipal governments.