RIO DE JANEIRO, BRAZIL - While the Ministry of Economy struggles to extinguish 248 public funds, in an effort to eliminate so-called "earmarked money" from the budget, the Central Bank is claiming a fund of its own.
In the Central Bank's autonomy project, which is being discussed in the Chamber of Deputies, an article has been included that provides for the establishment of a fund to finance "investments and strategic projects" of the institution.
The funds will be generated from sums paid by the banks to the Central Bank, for the use of technological systems. In 2019 alone, the . . .