Ministry of Finance presents 17 proposals for financial reforms

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Actions were proposed by private entities

Brasilia DF) – This Thursday (20), the Ministry of Finance presented 17 proposals for financial reforms in the country. The actions, presented by private sector entities, involve measures in the taxation, insurance, pension, capital market and credit segments.

The Financial Reforms Agenda, Cycle 2023-2024, began with an invitation to 40 private sector associations, which sent 120 proposals to the government, of which 17 were selected to receive priority.

“There are several proposals that we are making in dialogue with the private sector to implement a series of small reforms that, together, will have a very significant impact on the Brazilian economy. It is the best way to carry out reforms, and perhaps it is the only way to carry out reforms, whether through dialogue with society”,

said the national secretary for Economic Reforms, Marcos Barbosa Pinto.

Each proposal will be worked on by a thematic team, starting in August. For one year, the team will discuss the matter and, at the end, prepare a report, which should be delivered in May 2024.

“The idea of ​​this agenda is to set up discussion subgroups for each of these 17 topics, so that, starting next year, we can start transforming them into bills, public policy initiatives to implement these reforms that are very important for the country”,

said the secretary.

“We received a hundred proposals. And we selected the 17 that can effectively impact the most and in the short term, if we work together, as a team, and formulate innovative solutions to specific, well-identified problems. If we know how to deal with it, every semester, we will have a new agenda”,

commented the Minister of Finance, Fernando Haddad, during the presentation of the proposals, in Rio de Janeiro.

Among the associations whose proposals were selected are the Brazilian Association of Financial and Capital Market Entities (Anbima), the Brazilian Federation of Banks (Febraban) and the Brazilian Association of Real Estate Credit and Savings Entities (Abecip).

Check out the proposals for financial reforms:

*With information from Metrópoles

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