Journal of Brazil – Economy



[ad_1]

In April, the newspaper "O Estado de S.Paulo"
reported that there were about 60 projects
pending before the commission
Senate Economic Treaty Agreement
benefits and cancellation of debt. N / A
evaluation of the newspaper, the so-called "pump model"
should generate a negative fiscal impact
of 667 billion reais in 2020.

If the tariff bomb has been approved,
extras and forgiveness of taxes and debts
would increase the gap of public coffers,
since the projected budget deficit for the period
was lower, 408 billion reais. In addition,
the measures voted on this week by the House
and the Senate, on the eve of the
Congress (July 17) makes the threat
more real, with the creation of additional expenses
estimated at more than 100 billion reais
take the sleep of the Minister of Finance,
Eduardo Guardia. The government must
close the budget proposal for 2019
for presentation to the Congress in August,
after recess. And with the growth of just
1.6% of GDP, which reduces the
at 2.5% and affects the new government.

According to Bradesco projections, the primary deficit
accumulated in 2018 (R $ 158 billion)
until 2020 (53.5 billion reais) would be 320 billion reais,
without reducing the interest on the debt. Yesterday,
before the damaging measures against public accounts
approved Wednesday evening by both houses
of Congress, economic badysts have heard
by the Ministry of Finance, in the
Prisma Fiscal have predicted a smaller deficit this year. After estimating R $ 151,192
billion in June, the account fell to R $
149.642 billion. The 2018 budget target has a primary deficit of 159 billion reais. In
May, before the truckers and
diesel subsidy program, the projection of
was a deficit of 138.543 billion reais.

By 2019, badysts predict a deterioration
fiscal scenario, with a negative result
less public sector spending, without
consider the interest of the public debt) of R $
123.288 billion. The previous prediction was
117.875 billion reais. The 2019 target allows
deficit of 139 billion reais. (Bradesco had previously
R $ 108.2 billion).

Budget execution data at
that were not bad in the first half
since the year. From January to May, the public sector
consolidated had a primary deficit of R $
933 million. The most negative account was the
INSS: deficit of 76.3 billion reais. But the expenses
interest expense totaled R $ 158.5 million
billion, producing a nominal public deficit
159.4 billion reais, which implies
increase in debt.

With the measures taken after the strike
truckers, the forecast for the deficit rose from the month of August. For
July, surplus forecasts rose from R $
19.007 billion R $ 19.143 billion. For
August, the deficit rose from 16.490 billion reais
to R $ 17,528 billion. For September, the deficit has been revised to R $ 24.65 billion
previous forecasts of 24.690 billion reais.

Approved measures in Congress deserve
diametrically opposed reactions
members of Congress. Senator Randolfe Rodrigues
(AP Network) is opposed to
prohibit server readjustments. For the
parliamentary elections, the freezing of
wages, suspension of calls for tenders
in 2019 "It's the decree of death and demolition
total public service "

In the opposite direction, Claudio
Personnel (PP-BA), said that although the text
had been "very criticized", the Congress
can not be "irresponsible" and "cover"
eyes "to the reality of public accounts
from the country. "We can not be irresponsible
to cover the eyes and not cope with hardness
this reality imposes, which is a deficit
growing, year after year, "said Cajado.

[ad_2]
Source link