After meeting with deputies, Lula publishes schedule to release R$ 20.5 billion in amendments by June

After meeting with deputies, Lula publishes schedule to release R$ 20.5 billion in amendments by June

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Issuing a decree with a payment schedule until the middle of the year was a demand from Congress. This Thursday, PT member received Lira and party leaders at Palácio da Alvorada. Lula meets with leaders at Palácio da Alvorada. Ricardo Stuckert/Presidency of the Republic After a meeting with deputies and members of the Mixed Congressional Budget Committee, President Luiz Inácio Lula da Silva (PT) published this Thursday (22) a decree with a calendar with the expected release of R$20.5 billion amendments until June. The publication was a demand from congressmen, due to electoral legislation that prevents the transfer of resources for these amendments from June 30th. In October, voters from more than five thousand Brazilian municipalities will go to the polls to choose mayors and councilors. The agreement to issue the decree was made this Thursday morning (22) at Palácio do Planalto. And approved after Lula’s meeting with the president of the Chamber, Arthur Lira, and deputies at Palácio do Alvorada, at night. Monthly payments will total until June: R$ 12.5 billion in individual amendments R$ 4.2 billion in bench amendments R$ 3.6 billion in commission amendments With the agreement reached this Thursday, the federal government gave in and committed to maintaining the payment schedule for amendments provided for by the Budget Guidelines Law (LDO). This schedule was vetoed by President Lula on the grounds that it violated the Fiscal Responsibility Law (remember in the video below). Lula sanctions LDO with vetoes To replace him, the government presented a new proposal, but which maintained the main objective of releasing a large part of resources by the date of the electoral ban. In practice, the veto will be maintained and the schedule complied with through the verbal agreement made between the deputies and senators with the Planalto. The calendar also establishes a month-by-month payment forecast. This was also a demand presented by deputies who feared that Planalto would hold back the amendment amounts for several months. The schedule was designed by Congress with the aim of increasing the Legislature’s power over public spending and, therefore, reducing the need for negotiations to release money on the eve of important votes, as traditionally occurs.

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