Post by account_disabled on Mar 11, 2024 0:08:55 GMT -6
The Provisional Measure that relaxes the debt ceiling of the cities that will host the World Cup was signed by President Luiz Inácio Lula da Silva. According to the MP, infrastructure projects for the World Cup and the Olympic Games will have priority for financing with the National Bank for Economic and Social Development (BNDES). The information is from Agência Brasil.
An agreement signed in by some municipalities aimed at refinancing debts with the Union, in which they were limited to contracting debts of up to % in relation to their annual net revenues. With the expansion, the percentage was equivalent to that determined by the Fiscal Responsibility Law, which is % of the municipality's revenue. The main objective of the Provisional Measure takes into account that many cities that will host the games do not have the means to improve or build large sports structures.
For President Lula, the increase in the limit is proof Austria Phone Numbers List that things are progressing. “I would like to remind you that what we are doing here today with this act is to show that things are moving very quickly”, he declared. Furthermore, he countered the criticism he has received regarding possible delays in preparations. “People keep wanting us to eat the porridge before it’s ready. This measure means that the porridge is ready."
The Provisional Measure, according to the president, avoids a repetition of the mistakes that occurred in the preparations for the Pan-American Games in At the time, he recalled, “we tried to build a pact to find out what the responsibility of the federal, state and municipal government is. . Did not work".
In addition to the Provisional Measure that aims to increase the debt limit, another document was signed on the same occasion. It determines spending of up to R$ million in seven ports, in addition to the investment of R$ billion in works at airports.
An agreement signed in by some municipalities aimed at refinancing debts with the Union, in which they were limited to contracting debts of up to % in relation to their annual net revenues. With the expansion, the percentage was equivalent to that determined by the Fiscal Responsibility Law, which is % of the municipality's revenue. The main objective of the Provisional Measure takes into account that many cities that will host the games do not have the means to improve or build large sports structures.
For President Lula, the increase in the limit is proof Austria Phone Numbers List that things are progressing. “I would like to remind you that what we are doing here today with this act is to show that things are moving very quickly”, he declared. Furthermore, he countered the criticism he has received regarding possible delays in preparations. “People keep wanting us to eat the porridge before it’s ready. This measure means that the porridge is ready."
The Provisional Measure, according to the president, avoids a repetition of the mistakes that occurred in the preparations for the Pan-American Games in At the time, he recalled, “we tried to build a pact to find out what the responsibility of the federal, state and municipal government is. . Did not work".
In addition to the Provisional Measure that aims to increase the debt limit, another document was signed on the same occasion. It determines spending of up to R$ million in seven ports, in addition to the investment of R$ billion in works at airports.