[ad_1]
BRASÍLIA – The Economic Team decides to pre-emptively control the expenses in the teller's mouth and limits the release of the "non-priority" resources of the organs to about two-thirds of the budget foreseen in . ] for each month. Only a few exceptions, such as health, can continue to spend at the normal rate.
The decision was taken Monday at a meeting of the Budget Implementation Council (JEO), according to Estadão / Broadcast . The normal rate of release is 1/12 per month, the twelfth, but the government has chosen to adopt a more restrictive schedule – the 1/18 – that in practice blocks one-third of the expected income risk for 2019. The decree is to be published on the 14th day, Thursday.
The confinement should be valid until the end of March, when the government will release the report of badessment of receipts and expenditures for the first two months of 2019. It is in this document that the economic team can carry out a new detailed reestimation of its expenses and revenues and decide. if you really need to block the budget to ensure compliance with the budget goal or the spending limit, which limits the growth of inflation-related spending. The target set for 2019 leaves a deficit of 139 billion rand in the accounts of the Treasury, the INSS and the central bank.
Reducing the time needed to release resources to ministries should be published in a decree. Behind the scenes, the evaluation in the economic field is that in March, it will take resources.
As the Estadão / Broadcast showed in January, the government is using to increase dividend revenues and increase revenue collection through concessions in order to 39, avoid a more serious problem early in the government. The economic zone has already identified losses in royalty revenue and a reduction in social security contributions.
The biggest stalemate is the estimated 12 billion rand income from the sale of Eletrobras. The Ministry of Mines and Energy opposes the formalization of this projection in a technical note, complying with the requirement of the Federal Court of Auditors (TCU) so that the value incorporates the Estimate of collection for the year, as it considers that the risk that it does not occur is high
The Ministry of Economy also asked regulators to information on revenue forecasts for this year's concessions in the fields of petroleum, mining and energy. The Investment Partnership Program (IPP) will be sent to departments that have government-owned plans that include privatization, liquidation and extinguishment.
[ad_2]
Source link
