HomeBRAZILFINANCE MINISTRY PLANS POST-ELECTION SPENDING CUTS

FINANCE MINISTRY PLANS POST-ELECTION SPENDING CUTS

The Ministry of Finance plans to announce structural spending containment measures after the second round of the municipal elections, scheduled for 27 October. According to members of Minister Fernando Haddad’s team, the intention is to proceed with the agenda led by the Secretariat for Monitoring and Evaluation of Public Policies of the Ministry of Planning, including adjustments to the rules for salary bonuses, unemployment insurance, and the Continuous Cash Benefit (BPC).

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