RIO DE JANEIRO, BRAZIL - The measure is included in the Proposed Amendment to the Constitution (PEC) of the Federative Pact, submitted to the Senate by the government yesterday, November 5th.
The rule would affect approximately one in every four municipalities in Brazil.
According to the special Secretary for Finance, Waldery Rodrigues, the measure could affect up to 1,254 municipalities. Inclusions will be valid as from 2025, and it will be up to a . . .