Post by account_disabled on Mar 6, 2024 4:15:09 GMT -5
The reality is more complex than the normative goal of “zeroing out” the primary deficit in . Already in the first days of the year the Ministry of Finance assumes that a review of its audacious and in our opinion imprudent goal of quickly balancing primary revenues and expenses by the end of this year.
In the budgetary field time management is as important B2B Email List as the financial availability itself for each item. Lengthening the public accounts adjustment strategy tends to be more consistent and therefore more credible because it makes it possible to distribute – over the years – the redistributive effects of the intended expansion of revenues and reduction of expenses by planning a planned agreement with Congress on the measures possible in each annual cycle.
Spacca
caricature Élida Graziane Pinto
Since the respective project was sent in April it was predictable how risky it would be to include in the budget guidelines law the rapid objective of achieving a balanced primary result “zero deficit”. The recklessness we are referring to arises from the speed of the promised adjustment which is as high as the probability of its failure. This is why there are doubts about the effectiveness of the measures reported so far by the government to achieve this goal given what the press claims is a true “fiscal crossroads” .
In the linear contractionist view of some market analysts and the government itself this crossroads would only be equated with the review of the calculation basis for health and education minimums and the reduction of some federative transfers as the Federal Supreme Court sent the court orders for the legal regime of extraordinary credits within the scope of ADI . However to mitigate such links that support the main social rights and the federative pact constitutional amendments are necessary that require complex political negotiation in the middle of a municipal election year.
In in fact the education floor will reach years of validity since its inaugural establishment by the Constitution a validity that was only discontinued by the authoritarian regimes established by the Constitutions granted in and . In turn the health floor dates back to the original wording of the Constitution article of the ADCT having been improved by Amendment in the form of article of the ADCT and later Complementary Law.
In the budgetary field time management is as important B2B Email List as the financial availability itself for each item. Lengthening the public accounts adjustment strategy tends to be more consistent and therefore more credible because it makes it possible to distribute – over the years – the redistributive effects of the intended expansion of revenues and reduction of expenses by planning a planned agreement with Congress on the measures possible in each annual cycle.
Spacca
caricature Élida Graziane Pinto
Since the respective project was sent in April it was predictable how risky it would be to include in the budget guidelines law the rapid objective of achieving a balanced primary result “zero deficit”. The recklessness we are referring to arises from the speed of the promised adjustment which is as high as the probability of its failure. This is why there are doubts about the effectiveness of the measures reported so far by the government to achieve this goal given what the press claims is a true “fiscal crossroads” .
In the linear contractionist view of some market analysts and the government itself this crossroads would only be equated with the review of the calculation basis for health and education minimums and the reduction of some federative transfers as the Federal Supreme Court sent the court orders for the legal regime of extraordinary credits within the scope of ADI . However to mitigate such links that support the main social rights and the federative pact constitutional amendments are necessary that require complex political negotiation in the middle of a municipal election year.
In in fact the education floor will reach years of validity since its inaugural establishment by the Constitution a validity that was only discontinued by the authoritarian regimes established by the Constitutions granted in and . In turn the health floor dates back to the original wording of the Constitution article of the ADCT having been improved by Amendment in the form of article of the ADCT and later Complementary Law.