The elevation of the rate of Reintegration (Special Regime for Reintegration of Tax Values) Announced by the Federal Government to rescue companies harmed by the tariff divides opinions: the injured sectors celebrate, while economists and investors criticize the fiscal impact.
With the package announced by the government, micro and small companies will be returned of 6% (before it was 3%), and the others, 3% (before it was 0.1%).
According to the calculation of CNNThe elevation of the Reintegra rate was the policy of the package most celebrated by a series of rescued sectors.
The president of CNI (National Confederation of Industry), Ricardo Alban, for example, highlighted this item when questioned by journalists, during the announcement event, about the highlights of the contingency plan.
On the other hand, the impact on public accounts worries. The government will send a PLP (complementary bill) – being R $ 4.5 billion for fund contributions and R $ 5 billion with resignation from Reintegra.
It turns out that until the last meters of the preparation of the plan, the economic team planned to use the fiscal goal tolerance band to accommodate the background in funds. With the decision to move Reintegra, it became necessary to get the expense of the goal, explained technicians at a news conference.
The financial market has been critical of government movements to exceptional target spending in order to reach it. Although the value does not count on the persecution of the primary goal, the country’s public debt punishes.
