Haddad announces blocking of R$5 billion in the 2024 Budget

by Andrea
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Official presentation of the report that evaluates income and expenses is scheduled for this Friday (22)

MATEUS BONOMI/AGIF – PHOTOGRAPHY AGENCY/ESTADÃO CONTÚDO
According to Haddad, the decision to block resources is due to the increase in mandatory expenses

The Minister of Finance, revealed a blockage of approximately R$5 billion in the 2024 Budget, stating that a new contingency will not be necessary. This blockade is in addition to the R$13.3 billion previously frozen. The official presentation of the report that evaluates income and expenses is scheduled for this Friday (22). According to Haddad, the decision to block resources is due to the increase in mandatory expenses, especially related to social security benefits. The government is preparing a package of measures to contain spending, which will be presented to President Lula next Monday, the 25th, with a projected impact of R$70 billion on public accounts over the next two years.

Among the main proposals of the package, the limitation of the real gain of the minimum wage stands out, with the aim of aligning salary appreciation with the guidelines of the fiscal framework. Furthermore, the government intends to reinforce anti-fraud measures in social programs, which may include changes to salary bonuses and unemployment insurance. The package will also include actions that will affect the military, with an estimated annual financial impact of just over R$2 billion.

Published by Sarah Paula

*Report produced with the help of AI

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