Minister says some savings will come through normative act and others through bill; did not give a specific date
The Minister of Planning and Budget, Simone Tebetsaid this Tuesday (23.Jul.2024) that the economic team will detail the origin of the 2024 spending cuts in a week. According to her, the data will be presented to journalists. She did not specify the date of the press interview.
“Next week, we don’t know the exact date, it will be announced to the entire press in Brasília where each point will be”declared the minister at a G20 event (group of the 20 largest economies in the world), in Rio.
The government has committed to saving R$9 billion by 2024. According to Tebet, a change will be made in “efficiency” of labor benefits. He mentioned the Atestmed and the Safe-Defeso. Also cited the BPC (Continuous Benefit Payment).
“We will show you by A + B where the R$9 billion in spending savings are for this year.”
The minister said that some of the measures will be through normative acts. In some cases, they may come through bills.
The minister Fernando Haddad (Treasury) had already signaled this possibility. It is possible that some of these initiatives will come together with the project of the Government leader in the Senate, Jacques Wagner (PT-BA), on the payroll tax relief for the 17 sectors.
“We are not discontinuing public policies, we are just improving the efficiency of this spending. Some will be done through normative acts. Some will require a bill. It could be included in Senator Jaques Wagner’s bill, if he manages to move forward with it. If not, we will send a bill to the National Congress.”said Tebet.
The interview with journalists will be conducted by the Secretary for Monitoring and Evaluation of Public Policies and Economic Affairs, Sergio Firpo.
FREEZING
Regarding the details of the blockages and contingencies, Tebet said again that the information will be released on July 30.
“Some cuts will not be reversed. And some others, depending on revenue or spending reviews later this year, may be unfrozen.”he declared.
Haddad announced a R$15 billion budget cut in the 2024 budget. There will be a block of R$11.2 billion and a contingency of R$3.8 billion.
Understand the difference between blocking and contingency:
- block – the government reviews the budget expenditures, which were higher than allowed by the fiscal framework. It is more difficult to reverse;
- contingency – occurs when there is frustration of expected revenues in public accounts.
#spending #cuts #detailed #week #Tebet