Fazenda estimates that the impact of bomb tariffs exceeds R$ 2 trillion in 10 years; would approve debt and interest rates
Calculations by the Ministry of Finance point to a trillion-dollar effect from the eventual approval of the so-called "bomb agendas" being analyzed by the National Congress.
According to interlocutors from the ministry, the four main explosive proposals being analyzed by the Legislature could generate an increase in spending, or loss of revenue, in excess of R$2 trillion over the next 10 years (see details below).
To give you an idea, the effect is more than twice the savings of R$855 billion in 10 years estimated by the Social Security reform, approved in 2019 - the result of years of mobilization in the National Congress and broad debate with society.
A bomb agenda is a term used in the National Congress to designate bills or proposals that create billion-dollar expenses or reduce revenue. These measures have a strong negative impact on public accounts.
CCJ of the Senate approves PEC on retirement for health agents and endemic diseases
See the estimated impact by the economic area
Rural Debts (PL 5122/23): R$ 1.4 trillion in ten years;
PEC for Churches (PEC 5/23): loss of R$ 100 billion in ten years, increasing the tax that everyone pays anyway proportion;
Retirement of Community Health Agents (PEC 14/21): around R$500 billion for the Union in ten years, excluding the effect on municipalities;
Piso of Doctors and Dentists (PL 1365/22): around R$500 billion for the federal government in ten years, in addition to the additional impact on city halls.
With the exception of the PEC for churches, which does not generate a loss of revenue, as so much both individuals and companies would have to bear this loss, the other proposals imply an increase in expenses and, consequently, in the Brazilian public debt - which is already at a high level for emerging countries.
The former president of the Central Bank, Roberto Campos Neto, explained, in the past, that the interest rate is high in Brazil due to the current level of debt - considered high for the standard of emerging countries. "Interest is high because the debt is high', and not the other way around", he said at the time.
Because of this, analysts are asking for the opposite, for the government and the National Congress to approve proposals to reduce public spending and, therefore, allow for a containment of Brazilian debt.
The objective is to curb inflation and allow a sustainable fall in the Brazilian interest rate, benefiting the whole of society.
The Minister of Finance, Dario Durigan, has shown concern in recent days about the "bomb agendas". According to him, the proposals under analysis must be evaluated "in light of the fiscal responsibility law, which is not only valid for the government, it is also valid for Congress". "It is necessary for us, all of us, be it the government or Congress, to have fiscal responsibility", said the minister this Wednesday (10).
Minister Durigan, according to the blog of journalist Valdo Cruz, from g1 and GloboNews, won the support of minister Gilmar Mendes in his fight.
In recent days, the Dean of the Supreme Court published messages criticizing the bomb agendas, highlighting that parliamentarians cannot create expenses for the Union, States and municipalities without determining the sources of funds to cover holes in public coffers.
Minister of Finance, Dario Durigan
Cadu Gomes/VPR
Source: G1