According to the minister, the “scenarios” have already been presented to the president, who will evaluate them with other ministers.
The internal work of the Ministry of Finance on income reform has already been completed, and the ministry has already presented “scenarios” on the subject to the Cabinet. president Luiz Inacio Lula da Silva (PT). This information was presented by Minister Fernando Haddad, at the BTG Pactual Bank event, in São Paulo.
It is up to Lula, according to Haddad, to decide whether to send the reform to the National Congress in 2024 or 2025.
“The president will evaluate the matter with the other ministers, because this has a political impact, on communications, on everything,” he added.“He stated.
The minister said that too. “Everything points” The Senate should complete consumption tax reform later this year.
tax
When comparing the financial debate in Brazil and North America, Haddad said there was a contrast. “exaggeration” In Brazil. According to the minister, the tax issue is just one of the issues that concern the treasury. “We put the tax issue at the top of our priorities in my first interview.”He said.
The minister stated that “There is no way to” Public finances in 2024 will not be much better than they were in 2023, and 2025 will be better than this year. “There is no way no matter what”He said.
According to Haddad, the government is withdrawing the financial stimulus from “the right way”:Organized, reasonable and without harming the poor. “I see no diagnosis that suggests there was a serious error in handling this issue.”.
Social benefits
The minister again defended strict monthly monitoring of eligibility criteria for social programs. “We are at a particularly opportune moment to make this kind of adjustment.”“The minister stated,”
Haddad also noted that there was an easing in June of spending on Social Security benefits — which has been a major source of pressure on public accounts in recent years.
“If you take the last 60 days, you'll see that the curve has changed in its levels.”He stated. According to the minister, there were in the previous months “A useful little bubble” Increase these expenditures to correct the distortions caused by the construction of dams in previous governments.
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.