Voting on the 2025 Annual Budget Law (LOA) project will be held next year. There was an expectation that the project could be voted on by tomorrow, but the rapporteur of the matter, senator Angelo Coronel (PSD-BA), informed that his report will be considered next year “after the parliamentary recess.”
In a note released to the press on Thursday night (19), Coronel said he understands the need to move forward in assessing the budget, but that there is still a lack of consolidated information on the matter. “Appreciating the most important piece of parliament deserves care and time”, said the note released last night (19).
Also according to the note, among the pending information cited is that related to the minimum wage, which “significantly affects social security expenses, social benefits and tax targets, requiring more precise calculations and projections”.
The expectation is that the Senate will vote this Friday (20) on another project from the government’s spending cut package, Bill (PL) 4,614/24 – which limits the real gain of the minimum wage to the limits of the fiscal framework (inflation measured by INPC and real gain between 0.6% and 2.5%) and restricts access to the Continuous Payment Benefit (BPC).
“In addition, the LDO itself, approved on Thursday with hundreds of amendments, is pending sanction and analysis of possible vetoes, which could substantially change the budget’s guiding guidelines,” says the note.
Coronel said that the objective of the postponement is not to delay the process, “but to ensure a document that actually portrays national priorities, the balance of public accounts and the commitment to medium and long-term goals”.
“Without a fully defined normative basis and a fiscal scenario outlined by all the elements voted and sanctioned, we run the risk of producing a budget piece disconnected from reality”, says the note.
