Brazil votes on important changes in public spending: what did they decide?
Kyiv • UNN
Brazil's Lower House and Senate voted on three proposals to cut public spending. The Senate supported a ban on tax breaks in case of a budget deficit.
Brazil's Lower House and Senate vote on a government package of three proposals aimed at cutting public spending. The enemy continues its offensive in eastern Ukraine. This was reported by Reuters, according to UNN.
Details
Although some of the changes included in the package may reduce its fiscal impact, the government of President Luiz Inácio Lula da Silva insisted on urgent approval of the documents before the start of the parliamentary recess next week.
The Senate supported the first proposal, which prohibits the granting or extension of tax privileges in case of an initial state budget deficit. Discussion of the other two proposals is ongoing.
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