Entity states that the proposal weakens the function of the municipality; The Minister of Finance said that “it makes no sense” to change the legal regime
The (National Union of Central Bank employees) said on Wednesday (3.Set.2025) that the Minister of Finance,, “hits when rejecting ” PEC (Proposal for Amendment to the Constitution) . In a statement, the entity stated that the head of the government’s economic team of (PT) “The need for more resources and structure properly pointed out” for the (central bank).
Haddad this Wednesday (3.Set) that “It makes no sense” change the legal regime of the BC. The proposal is in the senator’s opinion (PSDB-AM) on the PEC that expands the bank’s financial, tax and budgetary autonomy.
“Being a institution that is a public service, changing to private law for what purpose? To pierce the ceiling of civil service? It makes no sense. We are going very far, in the right way, but we will not make this institutional agenda a corporate agenda”the minister declared to journalists.
The union stated that PEC 65 of 2023 “It tries to disguise with the label of ‘budget autonomy’ the conversion of the BC into a legal entity governed by private law” And that “It weakens its civil service, opens gaps for capture for market interests and compromises its ability to serve society.”
Read the full note:
“Regarding Minister Fernando Haddad’s statements on the central bank’s autonomy, the Signal (National Union of Central Bank employees) recognizes the need to strengthen fintechs supervision, as well as the PIX infrastructure, and understands that Minister Haddad properly pointed out the need for more resources and structure for the BC (Central Bank) and agreed further in rejecting the Constitution Amendment Proposal) 65/2023, which tries to disguise with the label of “budget autonomy” the conversion of the BC into a legal entity governed by private law.
“The signal reiterates: transforming the BC into a private law entity weakens its public function, opens breaches for capture by market interests and compromises its ability to serve society. The solution is to strengthen what is public, with proper budget, competition and appreciation of servers.”
