The minister said some of the savings would come through a standard law and some through a bill; he did not give a specific date.
Minister of Planning and Budget, Simone TippettThe economic team will provide details on the origin of the 2024 spending cuts next week, he said Tuesday (July 23, 2024). The data will be presented to reporters, according to him. The date of the press interview was not specified.
“Next week, we don't know the exact date, it will be announced to all the press in Brasilia where each point will be.”The minister made the remarks at a G20 (group of the world's 20 largest economies) event in Rio.
The government has committed to saving R$9 billion in 2024. According to Tippett, a change will be made in “efficiency” Benefits of employment. Mention the sincerity And the Defense InsuranceAs cited by BBC (continuous payment benefit).
“We will show through A + B where there are spending savings of R$9 billion for this year.”
Some of the measures will be through standard actions, the minister said. In some cases, they may come through invoices.
The Minister Fernando Haddad The farm has already indicated this possibility. Some of these initiatives may come with the Prime Minister's bill in the Senate, Jack Wagner (PT-BA), regarding the exemption of salaries for the 17 sectors.
“We are not stopping public policies, we are just looking at the efficiency of this spending. Some of it will be through standard actions. Some of it will need PL. It may be included in Senator Jack Wagner’s bill, if he can move forward with it. If not, we will send the bill to the National Congress.”Tippett said.
The interview with journalists will be conducted by the Secretary for Monitoring and Evaluation of Public Policies and Economic Affairs, Sergio Firpo.
Freeze
Regarding the details of the blockade and emergency, Tippett again said that the information will be released on July 30.
“Some cuts will not come to fruition. Others, depending on a revenue or spending review later this year, may be defunded.announced.
Haddad announced that the 2024 budget will contain R$15 billion, there will be a blockage of R$11.2 billion and an emergency of R$3.8 billion.
Understanding the difference between a ban and an emergency:
- roadblock – The government is reviewing budget expenditures, which were higher than the financial framework allowed. It is difficult to reverse this.
- emergency – Occurs when there is a disappointment in the expected revenues in the public accounts.
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.