Haddad says that Lula’s doubts about the new fiscal rule have already been ‘elucidated’

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Text will be taken back to the president and then made public. New rule will replace spending cap. The Minister of Finance, Fernando Haddad, said this Friday (24th) that the government’s technical area has already closed the text of the new fiscal anchor and that the doubts of President Luiz Inácio Lula da Silva have already been “elucidated”. With that, according to Haddad, all that remains is to return the text for a new evaluation by the president and “set the date” for the presentation to the public. “The technical area closed. Everything is in order. Now let’s go back to the president, with the questions he asked and just set the date [de anúncio]”, said Haddad after a meeting of the political council in Alvorada. “The final word is always the president’s, until it is announced, the final word is always his. He can ask new questions, but the ones that were asked at last Friday’s meeting are already clarified, the technical meeting went very smoothly, we’ll give him feedback and we’ll wait there in the next few days to get back to him to find out if there’s other questions he may consider. But so far everything is fine”, he added. The new fiscal rule will replace the spending ceiling, which limits the growth of expenses to inflation variation. Haddad’s idea was to present the new anchor this March, but Lula decided to leave for April, after his return from his trip to China. Asked about Lula’s health, Haddad replied that the president “is fine”. “He chaired the meeting. Everything is fine”, he said. Lula has pneumonia. There was a ministerial meeting and with government leaders in Congress at the Alvorada Palace this Friday afternoon. According to Haddad, the meeting was to address the tasks of those who stay in Brazil and those who goes to China. The presidential trip is scheduled for next week, leaving on Sunday (26). Gerson Camarotti: Debate between political and economic wings delay the payroll tax anchor The minister was also asked whether the interest ceiling on the payroll loan for INSS beneficiaries it will be below 2%. He replied that “we are analyzing it, some banks are already with a rate below 2%, but we have identified other problems that need to be even more careful, even, for example, the payroll loan rotation “. “So, we are raising other problems to give a referral”, he added. A meeting between government technicians and representatives of the banks took place this Friday afternoon (24), in São Paulo, to tie of the theme. The expectation is that the new interest rate ceiling will be announced on Tuesday (28), when there will be a new meeting of the National Social Security Council. Last week, the council lowered the interest rate ceiling from 2.14% per month to 1.70%. However, the banks said that a fee of 1.70% does not cover the costs and suspended the line. Therefore, an intermediate threshold must be established.

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