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November 26, 2024
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MP postpones R$ 1.3 billion in transfers from the Aldir Blanc Law to 2024

MP postpones R$ 1.3 billion in transfers from the Aldir Blanc Law to 2024

The government postponed the transfer to projects to promote culture and cut R$1.3 billion from the Aldir Blanc Law scheduled for this year. THE Provisional Measure 1,274published in an extraordinary edition in Official Gazette of the Union last Friday (22), formalized the change for this year.MP postpones R$ 1.3 billion in transfers from the Aldir Blanc Law to 2024

Since the law came into effect, the Union has transferred R$3 billion to projects financed by the Aldir Blanc Law. Given the low execution of projects, the government decided not to transfer another R$3 billion planned for this year. Effective immediately, the MP was signed by the Minister of Culture, Margareth Menezes.

The Aldir Blanc Law provides for the transfer of R$15 billion for five years from 2023, totaling five installments of R$3 billion. The provisional measure changed the text of the law, establishing that the execution will be “up to R$3 billion” per year, conditioning future transfers to the execution of cultural projects by states and municipalities. The total amount of R$15 billion is maintained, but the transfers will now be diluted over the five years.

The MP was published shortly after the government announced the additional blocking of R$6 billion in mandatory spending from the General Union Budget. Without the postponement, the government would have to cut R$7.3 billion.

The postponement of R$ 1.3 billion appeared in the Bimonthly Revenue and Expenses Report, a document that guides the execution of the Budget and formalizes the blocking of R$ 6 billion, within the heading “financial support for municipalities and states”, which had a total reduction of R$976.2 million. Therefore, if there had not been a postponement, the value of the item would have increased by R$323.8 million.

The report only mentioned the edition of the MP, without detailing the values. “The reduction refers to the review of the expenditure schedule, by the Ministry of Culture, in view of the imminent publication of a Provisional Measure altering the terms of the Aldir Blanc National Policy for Promoting Culture, as informed through Official Letter No. 36 /2024/CGOFC/SPOA/GSE/GM/MinC, of ​​November 22, 2024”, informed the document.

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