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July 22, 2022
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Extra budget cut could reach R$ 8 billion, says president

Government of Minas opens public consultation on highway concession

The new cut in the Union Budget could reach R$ 8 billion, he said. today (22) President Jair Bolsonaro. He made the statement in an interview at a gas station in Brasília, where he appeared to check fuel prices.

“We don’t want to cut anything. [Mas] if I don’t cut, I enter the Fiscal Responsibility Law. Now, it’s hard to work on a tight budget. We have this extra cut that amounts to almost R$ 8 billion. That’s where the issue of precatories comes in, the allowance comes in, the issue of financing for agriculture also comes in”, declared the president.

By determination of the Budget Guidelines Law (LDO), the government will send to Congress today in the evening the Bimonthly Income and Expenditure Assessment Report, a document released every two months that guides the execution of the Budget. The blockade, according to the economic team, will be necessary to meet the federal spending ceiling. only in MondayFriday (25), details will be released. The president did not give details about the areas that will be cut.Extra budget cut could reach R$ 8 billion, says president

War in Ukraine

Regarding the phone conversation he had this week with Ukrainian President Volodymyr Zelenskiy, Bolsonaro said that Brazil will not adhere to economic sanctions against Russia and said he seeks a “balanced” stance in the conflict, to avoid shortages of products, such as fertilizers.

“He [o presidente Zelenskiy] vented a lot. I didn’t reply. There I maintained the position of statesman. Of course, Brazil is a very important country. We will not adhere to these economic sanctions, we remain in balance. If I were not in a balanced position, do you think we would have fertilizers in Brazil?”, he asked. For Bolsonaro, countries should work to end the war, instead of “raising the temperature” of the conflict.

Bolsonaro visited the gas station, next to the Brasília Television Tower, accompanied by the ministers of Mines and Energy, Adolfo Sachsida; of Justice, Anderson Torres; and the Institutional Security Office (GSI), General Augusto Heleno.

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