The plenary of the Chamber of Deputies will analyze this Wednesday (24) the supplementary invoice that establishes new fiscal guidelines for Union bills, the so-called fiscal framework. The measure will exchange the present spending cap.
With the pressing request permitted final week by 367 votes in favor and 102 towards, the textual content might be analyzed in plenary with out going via the Home committees.
The angle of presidency base leaders is that the challenge is permitted with a large margin, together with the assist of deputies from opposition events. If permitted, the invoice goes to the Senate for evaluation.
Proposal
The challenge’s rapporteur, Deputy Cláudio Cajado (PP-BA), included triggers to pressure the minimize and containment of bills within the occasion of non-compliance with the fiscal goal. The proposal establishes the so-called band system for the first consequence, established within the Funds Tips Legislation (LDO) permitted yearly, and standards for the correction of public expenditures. The mannequin offers for a flooring and a ceiling for presidency spending.
The brand new fiscal framework will restrict expenditure progress to 70% of the earlier 12-month income change. Cajado’s textual content adjustments the inflation interval thought of for the correction of bills for July 2022 to June 2023. In response to the parliamentarian, the measure will permit the applying of the brand new guidelines within the 2024 Funds, with an quantity already realized. The federal government had proposed contemplating solely the 2023 inflation, making an estimate for the annual worth.
“We selected to not work with estimates, however to supply funds realism and ‘allow’ incorporation on the premise of such an inflation distinction. With out this adjustment, the substitute would cut back about 2% of the expenditure restrict for 2024 (round BRL 40 billion), with out contemplating the results on inflation within the second half of the brand new gas worth coverage introduced by Petrobras. What we did within the substitute was to create a rule in order that there can be no such loss”, stated the rapporteur.
In occasions of larger financial progress, expenditure can not develop by greater than 2.5% per yr above inflation. In occasions of financial contraction, spending can not enhance by greater than 0.6% per yr above inflation.
triggers
Known as the Sustainable Fiscal Regime by the rapporteur, the challenge offers that, within the occasion of non-compliance with the targets, there will likely be contingency (blocking) of discretionary bills. The Cajado challenge establishes the adoption, within the yr following the non-compliance, of computerized measures to manage obligatory bills, reminiscent of not granting an actual enhance in obligatory bills and suspending the creation of recent public positions and the granting of advantages above inflation .
If the non-compliance occurs for the second consecutive yr, new prohibitions will likely be added to the present ones, reminiscent of the rise of salaries within the civil service, admission or hiring of personnel and public tenders (within the final two factors, the exception is for substitute of vacant positions) .
In response to Cajado, the true readjustment of the minimal wage will likely be out of the triggers and can enhance above inflation. Initially, there was additionally a forecast to take away Bolsa Família from the spending restrict. Nevertheless, the deputy stored the profit topic to basic guidelines for it to be readjusted above inflation.
