In Brazil, new rules for public-private partnerships are being finalised

An economic group is working on new public-private partnership (PPP) legislation in parallel with the new fiscal framework, said Finance Minister Fernando Haddad. He addressed to reporters after meetings with Speaker of the Chamber of Deputies Arthur Lira and Senate President Rodrigo Pacheco, as reported by  Rede TV!, a partner of TV BRICS.

"The new rules have a regulatory framework that has nothing to do with the fiscal investment framework that we are finalising at the Treasury," eplied Addad to a question about what was missing to unveil the new fiscal rule that will replace the spending ceiling.

According to the minister, there are doubts as to whether the new rules for PPPs should be introduced at the same time as the new fiscal. "It is very important to attract investment at a time when Brazil needs it," he said.

Addad said that there are still details to be worked out before a supplementary bill on the new budget rule is sent to Congress. So that everything can be harmonised in accordance with the Constitution.

The minister said the initiative has been positively received by the heads of the House and Senate as well as ministers of related departments.

On Friday, 17 March, Addad met with the president and colleagues: minister of the Civil House, Rui Costa, Planning and Budget minister Simone Tebet and Public Services Management and Innovation Minister Esther Dweck to discuss the latest details of the new tax anchor. As in recent days, the minister reiterated that he intends to unveil the innovations before Brazilian President Lula da Silva's official trip to China from the 26th to the 31st.

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