Coronavirus

House Speaker proposes ‘pandemic fund’ for emergency salary and vaccines

After a meeting with state governors, House Speaker Arthur Lira will propose a BRL 30 to 50 billion “emergency fund to fight the pandemic.” The measure would support the purchase of Covid-19 vaccines, as well as the payment of emergency aid benefits. 

During the lunch meeting, governors asked Mr. Lira to revive the so-called “War Budget,” a measure instated in 2020, creating a parallel budget that allows for increased pandemic spending without infringing on fiscal responsibility rules. 

Mr. Lira said that he intends to help the governors, but on three conditions: that governors mobilize to allocate more resources “respecting the budget ceiling,” convince lawmakers to spend their parliamentary grants on pandemic-related issues, and that any revenue surplus should be invested in this new “emergency fund.”

Support this coverage →
Lucas Berti

Lucas Berti covers international affairs — specialized in Latin American politics and markets. He has been published by Opera Mundi, Revista VIP, and The Intercept Brasil, among others.

Recent Posts

Ayrton Senna, a true Brazilian hero

In 2000, Formula 1 great Michael Schumacher had just racked up his 41st race win,…

15 hours ago

OECD improves Brazil’s GDP growth forecast once again

Overall, the worldwide economic outlook has improved according to the Organization for Economic Co-operation and…

17 hours ago

Brazil missing the target with its match-fixing drama

“This is f***ing corruption, it has to change,” protested an irate John Textor, owner of…

17 hours ago

Rio Grande do Sul declares state of calamity due to rains

Eduardo Leite, governor of the southern Brazilian state of Rio Grande do Sul, on Wednesday…

18 hours ago

Lula, Congress swap places in fiscal responsibility debate

Moody’s is the latest rating agency to improve its assessment of Brazil, bumping up the…

18 hours ago

The Brazilian Report shortlisted for four Digiday Media Awards

Other finalists include the Harvard Business Review, Fortune, Condé Nast, and the NFL

21 hours ago