Rebuilding the RS will be an economic challenge and requires a well-designed plan

Rebuilding the RS will be an economic challenge and requires a well-designed plan
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Fees: the Central Bank had already been concerned about the external scenario, especially the level of interest rates in the USA, and now it must be more cautious with the internal pressures resulting from climate events. The trend is for smaller interest cuts for a shorter period of time than was estimated a few months ago, postponing the possibility of returning to single-digit interest rates. Interest rates at 10% per year maintain the current difficulties of lending money.

Proposals on the table

Provisional Measure: the tendency is for the Lula government to issue a provisional measure with emergency resources for RS. Release can be made via extraordinary credit.

Parliamentary amendments: the federal government will release R$580 million in amendments directed to Rio Grande do Sul, of which R$534 million will be for the Health area. New releases are being studied, such as special amendments that would be allocated to investments. This release is, in fact, a reallocation of resources.

PEC 15/2024: authored by senator Alessandro Vieira (MDB/SE) has already been filed with the Senate and is being studied whether it will be analyzed in the coming days. The proposal allows the application of some of the rules of the extraordinary fiscal, financial and contracting regime provided for in the Constitution for cases of national public calamity (for example, the covid-19 pandemic), for situations of regional or local environmental calamity (such as droughts , floods, landslides, tropical storms and cyclones, forest fires, among others). According to the senator, this proposal is in line with the suggestion of the president of Congress, Rodrigo Pacheco (PSD/MG), to approve a War Budget.

Chamber PEC: federal deputy Fernanda Melchionna (PSOL-RS) collects signatures for a PEC that allows the Union to adopt an Extraordinary Fiscal, Financial and Contracting Regime to meet the needs of Rio Grande do Sul during the state of public calamity that the state is going through .

The article is in Portuguese

Brazil

Tags: Rebuilding economic challenge requires welldesigned plan

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