According to Dario Durigan, executive secretary of the Ministry of Finance, the proposal will allow the use of surplus resources from eight national funds, with the aim of reducing deficit values by 2030.
The executive secretary of the Ministry of Finance, announced that a project related to the spending cuts package will undergo changes to clarify the application of R$45 billion. This proposal will allow the use of surplus resources from eight national funds, with the aim of reducing public debt by 2030. The new text will make it clear that these amounts will be exclusively allocated to debt repayment. Durigan highlighted that article 2 of the previous version of the project generated confusion regarding the use of surplus certain funds. In the new proposal, it is defined that, between 2025 and 2030, the surplus will be “used freely”, but the only permitted destination for these resources will be to pay off the public debt, thus avoiding any possibility of a new fiscal impulse.
“We make it clear that the only use of surplus funds is to repay the debt. So, to eliminate any noise about the possibility of a new fiscal impulse. It’s not about that. All the measures that were presented by President Lula to Congress are to moderate spending growth and commit to fiscal responsibility,” Durigan commented to journalists.
The funds that may have their resources disconnected from their original purposes include the Fund for the Defense of Diffuse Rights (FDD), the National Anti-Drug Fund (Funad) and the Merchant Marine Fund (FMM). In addition to these, the National Civil Aviation Fund (FNAC), the National Traffic Safety and Education Fund (FUNSET), the Army Fund, the Aeronautical Fund and the Naval Fund are also covered.
*Report produced with the help of AI
Published by Fernando Dias
