Accelerated release of resources happens during dispute to block tax increase and expand support base
The president’s government (PT) has accelerated the release of resources to the political crisis involving the increase in (tax on financial operations). Since the beginning of June, R $ 776 million have been committed, according to data from the Integrated Planning and Budget System (SIOP). Between June 12 and 19, the volume of commitments rose R $ 682.8 million. On Thursday (19), another $ 108 million were reserved for future execution.
The movement coincides with the government’s attempt to expand its support base at a time when it faces strong resistance to IOF’s proposal for readjustment. The measure is part of Decree 12.499/2025, signed by the Minister of Finance, which increases IOF’s rates on exempt investments such as LCI, LCA and encouraged debentures. The government’s goal is to increase collection to ensure compliance with fiscal goals and avoid new budget cuts.
Opposition reacts
The accelerated release of amendments has already caused opposition reactions. Parliamentarians accuse the Plateau of using public resources as a bargaining chip to contain the political crisis and prevent the overthrow of the decree that raised the IOF. The approval of the emergency regime for the Legislative Decree Project (PDL) 314/2025, which sustained the tax changes, was considered a defeat to the government. The measure was approved on Monday (16) in the House of Representatives by 346 votes to 97, allowing the bill to advance direct to the plenary, without the need to go through the commissions.
The senator (PL-RN) criticized Lula management and charged the adoption of structuring reforms. “The government has chosen the easiest way: increasing taxes and cutting investments. Who pays this bill is the Brazilian citizen,” he said.
Government tries to minimize impact
The Government leader in Congress, Senator (PT-AP), minimized the vote on urgency and said negotiations continue. According to him, the Planalto Palace still works to sew an agreement with the allied base, using the Provisional Measure 1,303/2025 as a new alternative to discuss the IOF tax rates. Behind the scenes, members of the economic team recognize the concern with the political and fiscal impact of the suspension of the decree, if Congress advances with the PDL.
What does the commitment of amendments mean?
The “commitment” is the first stage of budget execution. It is a kind of formal resource reserve, which guarantees the future payment of the expense. Only after settlement – when the service is delivered or the product purchased – is the money effectively released.
Historically, the release of amendments at strategic times is a common practice between governments, but also a frequent target of criticism from entities that charge more predictability and transparency in public resources management.
