The Rio government can take a loan to pay off debts



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The government of Rio de Janeiro can start repaying its debts to suppliers and service providers. The determination is of Law 8.007 / 18, sanctioned by the governor Luiz Fernando Pezão and published in the Official Journal this Wednesday (27). The loan can reach $ 3.05 billion by reverse auction criteria – where creditors offering the largest discount have priority for debt settlement. The draft was approved in May by the Legislative Assembly of Rio de Janeiro (Alerj), in a single discussion, by 37 votes to 20.

According to the head of government in the House, the MP Gustavo Tutuca ( MDB), the loan

"The executive should have a saving of about R $ 7 billion, informed the Secretary of State for Finance and Planning. to that a debt of 10 billion reais be paid with this loan of 3.05 billion reais.The reverse auction will be carried out transparently on the Internet.And the government will have access to the loan money only when these auctions will be made, "said Tutuca.

If the resources of this credit operation are misused, the government will be prohibited from obtaining new financing until the end of the plan. tax recovery (RRF). The loan can be contracted in different national or international financial institutions, according to the criteria established by the Law on Tax Recovery Plan, which formalizes Rio's RRF membership, approved in September of last year ( complementary federal law 159/17). The transactions will be guaranteed by the Union.

Vetos

Governor Luiz Fernando Pezão however vetoed three points of the project approved in Alerj, including Article 8, which prohibited the anticipation of royalties and oil participation for equalize the debts of Rioprevidência, responsible for the payment of retired and retired state. The definition repealed Law 6.112 / 11, which authorizes such credit operations. In the justification of the veto, Pezão stated that the measure is impertinent for the purposes of the message.

Article 7 was also opposed, which defined as a condition of the loan the regularity of the payment of wages, including the 13th, of officials in arrears. Pezão stated in the justification that the measure is no longer relevant, since the payroll is current.

Paragraph 1 of Article 6, by which Parliament should also receive a descriptive report on the application of the loan, was refused because this point was already provided for in Law 7.940 / 18. All vetoed parties were added by means of parliamentary amendments

Edition: Nádia Franco

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