Brazil Congress Is in Recess While Lula Loosens Purse Strings

    Empty Brazilian Congress

    Empty Brazilian Congress The Brazilian Congress officially went into recess. This recess is in the constitution where it says the dates are from July 18 to August 2, except when July 17, the last working day, falls on a holiday or weekend (which happened this year).

    Over the next 12 days deputies and senators cannot vote anything. Committee work is also at a standstill. However, there is a representative commission for emergencies, consisting of 17 members, chaired by the president of the Senate, José Sarney (PMDB-AP), which can approve funds for a catastrophe, for example.

    In some kind of a truly national disaster, the commission can call Congress back to work.

    Before the recess, the leaders of the Chamber of Deputies and Senate reached an agreement for an election year calendar. After the recess, members will have a special regime.

    There will be sessions for votes during the first week of August and the first week of September. Decisions as to what will be voted will be made in special meetings known as concentrated effort.

    The rest of the time is for campaigning for the general elections on October 3.

    In the Senate, two-thirds of the seats are up for grabs (there are 81 senators) – with an estimated 30 senators seeking reelection. In the Chamber of Deputies, all 513 seats will be disputed, with around 420 deputies seeking reelection.

    Opening the Purse

    The Brazilian government announced it will loosen its purse strings and release 2.5 billion reais (US$ 1.4 billion) to ministries for discretionary spending, thus reducing the amount impounded to 26.871 billion reais (US$ 15.2 billion). The exact details of the distribution of the funds will be made public in ten days.

    At the beginning of the year, the government held back or impounded around 30 billion reais (US$ 16.9 billion) in funds that were included in the 2010 budget because of what looked like an overheated economy. GDP growth forecasts by the Ministry of Planning and the Central Bank were running between 6.5% and 7.3%.

    Now the government says that even with strong GDP growth and the threat of inflation it has its own spending under control and is closely watching its mandatory outlays to states and municipalities, as well as the social security deficit.

    ABr

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    • Show Comments (2)

    • LEANN29Good

      reply this topic
      All people deserve very good life time and credit loans or term loan will make it better. Because people’s freedom is grounded on money state.

    • ch.c.

      In the Senate, two-thirds of the seats are up for grabs (there are 81 senators)
      And around 10’000 employees for these 81 senators alone, if I am not too wrong !
      What an efficiency.
      OUCH !

      An easy way to create jobs in my view, for sure !
      Wellll…welllll….thus keep waiting for more and better infrastructure !
      Promises will remain promises, not reality.
      You already sees it from the promises made time and again for the last 30 years to pave your BR 163, still not fully paved to this day.

      If money is thrown out somewhere, it cannot be spent wisely elsewhere again, sadly !

      Brazil is the World Champion for promises.

      ;-);-)

      ROADWAYS
      total: 1,751,868 km
      paved: 96,353 km
      unpaved: 1,655,515 km

      Sorry, sorry this is NOT MY NUMBERS !

      And if I am not too idiot this should represent about 5 % of paved roads and 95 % UNPAVED !

      Lets face it the ratio is LOWER than most 4th countries on earth.
      A much lower ratio that even Haïti, the poorest country of the Western Hemisphere !

      Keep caressing your navel while at the same time dancing the Samba !
      This wont help paving more roads anyway !

      ;-):D;-)

      Ohhhh and how many tens thousands potholes in these 97000 kms of “apparent” paved roads, in your view ?
      Some as big as olympics size swimming pools !
      And the many others where you planted trees, to warn the others drivers of the danger !

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