Suggestions will be presented by Senator Otto Alencar (PSD-BA) to prevent the “institutional privatization” of the monetary authority
The (National Union of Central Bank employees) will propose changes in the PEC (proposal for amendment to the Constitution) that expands the autonomy of the monetary authority. Among the changes is the freedom to make public tenders, summon the approved and grant wage increases. The budget molds would be similar to the TCU (Federal Court of Auditors), without the “institutional privatization”.
The suggestions will be made by the Senator (PSD-BA). This is the signal of the signal (PDF – 37 kb).
The PEC is under discussion at the Senate CCJ (Constitution and Justice Commission), under the senator’s rapporteur (PSDB-AM). Nominated by the President (PT), BC President Gabriel Galipolo has A, including the possibility of directly hiring servers.
Another problem is the lack of financial and human resources to work out technology projects, such as PIX maintenance and Drex’s entry into force, the Central Bank’s digital currency.
According to the sign, the current text of PEC 65/2023 transforms the BC into a legal entity governed by private law, which “threatens independence and credibility ” monetary authority.
“Change would bring more problems than solutions and endanger the stability of the financial system and the protection of the public interest“, These.
The union defends the following points to face “Budget bottlenecks” do Banco Central:
- budgetary autonomy – Allows the Central Bank to define and execute its own budget, similar to the model of the TCU (Federal Court of Auditors) and DPU (Federal Public Defender’s Office), with approval by CMN (National Monetary Council), without losing control and institutional transparency;
- Accounting Technical Reserve – Creates a technical reserve for investments, modernization and incentives, using its own financial results, without treasury dependence;
- Autonomy for public tenders – Grant the BC autonomy to hold competitions, with objective legal criteria, allowing recomposition and modernization of its staff.
- Positions Provision – Allows direct decision of the president of the BC on competitions and hiring, ensuring similar agility to strategic careers such as PF (Federal Police) and diplomacy;
- Autonomy for Contests -Grant the BC power to perform them.
The Minister of Finance,,, on September 3, that “It makes no sense”Change the Central Bank’s legal regime.We will not make this institutional agenda a corporate agenda ”he declared.
The government PEC in court. The main point of disagreement refers to the change of legal nature: according to the opinion, the monetary authority is no longer a municipality and becomes a public company with a special nature, endowed with legal personality of private law. THE Poder360 There was unanimous position in the Lula administration that this would be unconstitutional, understanding that it hurts the constitutional prerogatives of the Presidency of the Republic.
