The Minister of Finance said that the ‘meeting’ of about five hours at the official residence of the Chamber of the Chamber was “historic” and based on four main topics
The Minister of Finance, met on Sunday night (8) with the presidents of the House, Hugo Motta (Republicans-PB), and Senate, Davi Alcolumbre (Union-AP) at the official residence of the Chamber of the House to discuss alternatives to the increase in tax operations tax (IOF) taxes. The meeting, which began around 6 pm, was attended by congressional party leaders, and Minister Gleisi Hoffmann.
The Minister of Finance said that the meeting of about five hours at the official residence of the Chamber of the Chamber was “historic” and based on four main topics. “One is the provisional measure that will discipline certain collection matters, which aims at the market, about collection and related themes. Tomorrow we will explain the aspect of Bets. We will present the first data collected. The original proposal was to increase to 18%. This MP will allow us to recalibrate the decree of the IOF, to reduce the aliquots of the original decree,” the minister explained. The minister also commented that he will wait for President Lula to return from France to communicate what was agreed during the meeting.
Hugo Motta also classified the meeting as positive. “The government, serving this position of the president of the Senate and the mayor, representing the two houses, today brought this alternative where the decree will be redone with a calibration, significantly reducing its effects. It will be announced by the government with the return of the President of the Republic,” he said.
“To resolve the situation of public accounts the government presents a provisional measure, which in our assessment, it brings financial compensation to the government, but much less harmful than the continuity of the IOF decree as it was proposed initially,” he said.
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The IOF raising proposal came from an imbalance in public accounts, caused by the drop in the expected collection for this year. The intention was to increase revenue to ensure compliance with the rules of the new tax framework.
The measure caused a strong negative reaction in the financial market and between representatives of the productive sector. On Saturday, Motta stated that he could put a vote, next Tuesday, a project of Legislative Decree (PDL) that aims to block the effects of the increase in IOF.
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*Report produced with the aid of AI
Posted by Carol Santos
