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Weekly Report - 13 June 2024 (WR-24-23)
BRAZIL: Government struggles with economic agenda
Following legislative setbacks in May, Brazil’s President Luiz Inácio Lula da Silva has brought back a usual practice from his previous presidential terms (2003-2011), holding regular meetings with government-aligned legislators so that the president can take a more active role in negotiations to pass key legislation. However, on 11 June congress dealt a blow to the plans of the finance ministry to raise more revenue, by rejecting parts of a decree that would have limited tax benefits.
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