Congress overturns vetoes to Propag, which can reduce RJ’s deficit

According to the government’s leader in Congress, Senator Randolfe Rodrigues (PT-AP), there was an agreement to overturn vetoes to articles considered crucial for the state of Rio to join the regime that refinances its debt with the Union. ‘This agreement will benefit all Brazilian states, but especially Rio de Janeiro, Minas Gerais, São Paulo, Goias, and Rio Grande do Sul,’ said Randolfe. The article deemed essential by the Rio government allows the use of resources from the National Fund for Regional Development (FNDR), a mechanism for equalizing federal transfers created in the Tax Reform, as one of the countermeasures for joining the new regime.