R$600 million released in the bi-monthly report, says Budget Minister | Brazil

But he highlighted that this amount is not immediately available, as it depends on the issuance of the Budget Execution Council (JEO).

The Minister explained that this release results from the adjustment made today between the blockage recorded in the system and the new need for containment calculated by the government.

The blockade, originally announced in the fourth quarter, was worth R$12.1 billion, but was reduced to R$8.3 billion, after flights were cancelled. Estimated expenses To cover mandatory expenses of R$ 3.8 billion. With the new forecasts contained in the fifth report, last Friday (21), this ban could be reduced further, from R$ 8.3 billion to R$ 4.4 billion, which would open the way, from a technical standpoint, to lift the ban to the amount of R$ 3.9 billion.

However, this dilution of R$3.9 billion is offset by Emergency With a value of R$ 3.3 billion, as a result of lower revenues and results of state-owned companies.

Ultimately, the net effect is the issuance of approximately R$600 million. Thus, the total containment as of the fifth semi-monthly report amounts to R$7.7 billion, resulting from R$3.3 billion in emergencies and R$4.4 billion in bans.