‘Expressive’ score of the fiscal framework in the Chamber gives confidence to the government to advance tax reform, says Haddad

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Chamber gave 372 favorable votes, well above the minimum necessary to approve the framework. Minister of Finance says that the government still has many projects to approve to ‘organize the State’. The Minister of Finance, Fernando Haddad, classified as “significant” this Wednesday (24) the score of 372 to 108 votes in the Chamber to approve the basic text of the new fiscal mark – which, if sanctioned, will replace the spending on controlling public accounts. According to Haddad, support in Congress gives “confidence” for the government to advance another agenda considered a priority in the economic area: tax reform, which has dragged on for decades in parliament. “With an expressive score, the Chamber of Deputies demonstrated that it is seeking an understanding to help Brazil recover more expressive growth rates. This also gives us confidence that the tax reform is the next task to be accomplished”, declared Haddad. “We are going to work intensely now with the rapporteur [da tributária], make the entire support team of Bernard Appy’s extraordinary secretariat available to the rapporteur so that he has all the scenarios outlined, with good technique, knowing what will happen to each sector”, he continued. The Chamber approved the basic text of the new fiscal framework with 372 favorable votes – a score sufficient, for example, to approve a proposed amendment to the Constitution (PEC). The new fiscal framework is part of a complementary bill, which requires a more modest score. ), deputies must analyze four “highlights” to the project – proposals for amendments that will be voted on separately. Afterwards, the text will still be discussed in the Senate. List of projects to be approved Haddad said that the new fiscal framework and the tax reform, if definitively approved, have the potential to generate a jump in the country’s economic growth. But he noted that, even so, the government will have to approve many other projects to “organize the State”. another level of potential growth. We are coming out of a decade of very low growth, 1% per year on average, a very complicated decade. We are going to inaugurate a cycle that can be very promising”, he said. “We have credit reform, capital market, insurance market. And starting in August, I want to dedicate a lot of time from the Ministry of Finance to the ecological transition. What was noted yesterday is that it is possible, with a good project, to raise expressive support from parliamentarians”, he continued.

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