IBOV 177,261.94 ▼ 0.41% IPSA 10,986.47 ▼ 0.28% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,378.30 — — USD/BRL5.09▲ 0.30% USD/MXN17.34▲ 0.15% USD/CLP924.67▼ 0.69% USD/COP3,231▲ 0.87% USD/PEN3.39▲ 0.06% USD/ARS1,494▲ 0.57% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.00▲ 0.02% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.13% USD/TTD6.74▲ 0.40% EUR/BRL5.85▼ 0.12% BRENT 83.71 ▼ 7.11% WTI 80.08 ▼ 5.42% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.42% GOLD 4,089 ▲ 0.98% SILVER 57.87 ▲ 0.48% SOY 1,194 ▲ 1.86% CORN 472.00 ▲ 7.09% WHEAT 653.25 ▲ 2.19% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.10 ▲ 2.68% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 226.63 ▼ 2.21% CATTLE 342.28 ▼ 1.65% LITHIUM 69.29 ▲ 0.10% PETR4 42.79 ▼ 1.45% VALE3 74.49 ▼ 2.35% ITUB4 42.95 ▲ 0.18% BBDC4 18.51 ▲ 0.54% ABEV3 15.86 ▼ 0.81% BBAS3 21.24 ▼ 0.52% B3SA3 15.64 ▼ 0.57% WEGE3 48.08 ▲ 1.86% PRIO3 58.59 ▼ 3.71% SUZB3 43.38 ▲ 0.14% RENT3 38.04 ▲ 1.14% AZZA3 16.22 ▼ 1.22% CSAN3 4.06 ▼ 0.25% RAIZ4 0.26 — 0.00% PCAR3 2.69 ▲ 3.86% GMAT3 3.99 ▼ 0.99% PSSA3 54.43 ▼ 0.49% CVCB3 1.44 ▲ 9.92% POSI3 3.54 ▼ 0.28% SLCE3 13.44 ▲ 0.45% NATU3 8.44 ▲ 0.72% BRKM5 5.86 ▼ 1.84% RANI3 8.40 ▲ 3.58% CSNA3 4.63 ▼ 4.34% CMIN3 5.68 ▼ 0.53% USIM5 7.57 ▲ 2.85% GGBR4 25.31 ▲ 1.32% ENEV3 26.77 ▲ 1.75% CPFE3 45.84 ▼ 0.65% CMIG4 11.14 ▼ 1.76% EQTL3 38.77 ▲ 0.28% LREN3 13.83 ▲ 1.69% VIVT3 32.35 ▼ 0.86% RAIL3 14.16 ▼ 1.94% KLABIN 18.29 ▲ 0.22% RAIA DROGASIL 18.60 ▲ 0.65% RDOR3 34.20 ▼ 1.27% HAPV3 11.77 ▲ 4.34% FLRY3 17.24 ▲ 0.58% SMTO3 14.40 ▼ 0.83% UGPA3 33.00 ▼ 0.15% VBBR3 36.18 ▲ 0.36% BBSE3 41.57 ▲ 0.75% BPAC11 57.07 ▲ 0.48% CURY3 31.36 ▲ 4.22% AERI3 2.16 ▲ 0.47% VIVARA 22.67 ▲ 2.21% COMPASS 24.82 ▼ 0.08% VAMOS 3.30 ▼ 1.20% SANB11 28.70 ▲ 0.28% ASAI3 8.48 ▼ 0.24% SBSP3 27.21 ▼ 1.77% WALMEX 49.79 ▼ 0.92% GMEXICO 211.78 ▲ 1.95% FEMSA 216.48 ▼ 2.24% CEMEX 20.63 ▲ 0.59% GFNORTE 197.49 ▼ 1.54% BIMBO 61.16 ▼ 1.29% TELEVISA 9.62 ▼ 1.94% AMX 21.48 ▼ 2.67% GAP 375.92 ▼ 0.16% ASUR 276.82 ▲ 0.44% OMA 231.41 ▲ 0.03% KOF 185.32 ▼ 1.04% GRUMA 263.44 ▲ 2.02% KIMBER 39.97 ▼ 0.57% SQM-B 61,665 ▼ 1.65% COPEC 6,311 ▼ 0.61% BSANTANDER 80.22 ▼ 0.95% FALABELLA 6,280 ▲ 1.03% ENELAM 87.79 ▼ 0.23% CENCOSUD 1,950 ▼ 0.25% CMPC 1,062 ▲ 0.64% BANCO CHILE 190.94 ▼ 1.43% LATAM AIR 25.27 ▲ 2.14% YPF 8,145 ▼ 1.75% GGAL 7,985 ▲ 1.31% PAMPA 5,510 ▼ 0.81% TXAR 655.50 ▼ 0.61% ALUAR 967.50 ▼ 1.02% TGS 9,910 ▼ 1.39% CEPU 2,378 ▼ 0.75% MIRGOR 1,655 ▼ 89.88% COME 43.58 ▼ 1.02% LOMA NEGRA 3,588 ▼ 0.90% BYMA 293.75 ▼ 0.59% TELECOM ARG 4,390 ▼ 0.40% ECOPETROL 16.55 ▼ 1.34% BANCOLOMBIA 90.86 ▼ 1.79% GRUPO AVAL 5.18 ▼ 1.89% CREDICORP 397.33 ▼ 0.81% SOUTHERN COPPER 185.14 ▲ 1.33% BUENAVENTURA 30.27 ▼ 0.05% MERCADOLIBRE 1,896 ▲ 0.94% NUBANK 14.47 ▲ 0.98% XP 17.04 ▼ 0.12% PAGSEGURO 9.66 ▲ 0.16% STONE 11.29 ▼ 0.79% GLOBANT 37.37 ▲ 2.10% TECNOGLASS 46.10 ▲ 6.11% GAP AIRPORT 216.87 ▼ 0.22% ASUR 276.82 ▲ 0.44% OMA AIRPORT 106.75 ▼ 0.14% AMX ADR 24.75 ▼ 2.37% FEMSA ADR 124.68 ▼ 2.59% CEMEX ADR 11.87 ▲ 0.42% PETROBRAS ADR 19.02 ▼ 1.96% VALE ADR 14.60 ▼ 3.09% ITAU ADR 8.47 ▲ 0.06% SANTANDER BR 5.69 ▲ 0.35% AMBEV ADR 3.08 ▼ 0.96% CSN 0.93 ▼ 5.21% GERDAU 4.99 ▲ 0.60% LATAM ADR 54.48 ▲ 3.25% BTC 63,812 ▲ 0.52% ETH 1,867 ▼ 0.83% SOL 73.63 ▲ 0.25% XRP 1.08 ▼ 0.43% BNB 591.55 ▲ 0.68% ADA 0.19 ▲ 1.34% DOGE 0.07 ▼ 0.58% AVAX 6.54 ▼ 0.02% LINK 8.24 ▼ 1.55% DOT 0.83 ▲ 3.79% LTC 44.11 ▼ 1.18% BCH 213.76 ▲ 0.58% TRX 0.33 ▲ 0.65% XLM 0.17 ▼ 1.43% HBAR 0.07 ▲ 0.96% NEAR 1.74 ▲ 1.66% ATOM 1.36 ▲ 7.29% AAVE 93.44 ▲ 1.56% SELIC 14.25% EMBRAER 90.30 ▲ 3.92% EMBRAER ADR 71.04 ▲ 3.97% JBS 13.82 ▼ 1.46% JBS BDR 70.25 ▼ 0.64% MBRF3 17.72 ▲ 1.03% MBRFY 3.42 ▼ 0.58% INTER 5.60 ▼ 0.09% EGX 54,094 ▼ 0.35% USD/ZAR16.55— 0.00% USD/NGN1,361▲ 0.07% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY157.03▼ 0.27% USD/CNY6.74▼ 0.12% DAX 26,001 ▲ 1.45% CAC 8,614 ▲ 1.22% FTSE 10,858 ▼ 0.10% MIB 52,872 ▲ 1.34% IBEX 19,983 ▲ 1.01% STOXX 652.09 ▲ 0.45% EUR/USD1.15▼ 0.34% GBP/USD1.34▼ 0.51% SPX 7,601 ▲ 1.49% DJI 53,081 ▲ 1.14% NDX 28,802 ▲ 1.87% RUT 2,976 ▲ 1.52% TSX 35,226 ▼ 0.79% VIX 15.80 ▼ 1.19% USD/CAD1.41▲ 0.30% US10Y 4.6860 ▼ 1.24% IBOV 177,261.94 ▼ 0.41% IPSA 10,986.47 ▼ 0.28% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,378.30 — — USD/BRL 5.09 ▲ 0.30% USD/MXN 17.33 ▲ 0.13% USD/CLP 924.85 ▼ 0.67% USD/COP 3,230 ▲ 0.86% USD/PEN 3.39 ▲ 0.06% USD/ARS 1,494 ▲ 0.57% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 58.00 ▲ 0.02% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.08% USD/HNL 26.78 ▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.24% USD/TTD 6.74 ▲ 1.26% EUR/BRL 5.85 ▼ 0.12% BRENT 83.71 ▼ 7.11% WTI 80.08 ▼ 5.42% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.42% GOLD 4,089 ▲ 0.98% SILVER 57.87 ▲ 0.48% SOY 1,194 ▲ 1.86% CORN 472.00 ▲ 7.09% WHEAT 653.25 ▲ 2.19% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.10 ▲ 2.68% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 226.63 ▼ 2.21% CATTLE 342.28 ▼ 1.65% LITHIUM 69.29 ▲ 0.10% PETR4 42.79 ▼ 1.45% VALE3 74.49 ▼ 2.35% ITUB4 42.95 ▲ 0.18% BBDC4 18.51 ▲ 0.54% ABEV3 15.86 ▼ 0.81% BBAS3 21.24 ▼ 0.52% B3SA3 15.64 ▼ 0.57% WEGE3 48.08 ▲ 1.86% PRIO3 58.59 ▼ 3.71% SUZB3 43.38 ▲ 0.14% RENT3 38.04 ▲ 1.14% AZZA3 16.22 ▼ 1.22% CSAN3 4.06 ▼ 0.25% RAIZ4 0.26 — 0.00% PCAR3 2.69 ▲ 3.86% GMAT3 3.99 ▼ 0.99% PSSA3 54.43 ▼ 0.49% CVCB3 1.44 ▲ 9.92% POSI3 3.54 ▼ 0.28% SLCE3 13.44 ▲ 0.45% NATU3 8.44 ▲ 0.72% BRKM5 5.86 ▼ 1.84% RANI3 8.40 ▲ 3.58% CSNA3 4.63 ▼ 4.34% CMIN3 5.68 ▼ 0.53% USIM5 7.57 ▲ 2.85% GGBR4 25.31 ▲ 1.32% ENEV3 26.77 ▲ 1.75% CPFE3 45.84 ▼ 0.65% CMIG4 11.14 ▼ 1.76% EQTL3 38.77 ▲ 0.28% LREN3 13.83 ▲ 1.69% VIVT3 32.35 ▼ 0.86% RAIL3 14.16 ▼ 1.94% KLABIN 18.29 ▲ 0.22% RAIA DROGASIL 18.60 ▲ 0.65% RDOR3 34.20 ▼ 1.27% HAPV3 11.77 ▲ 4.34% FLRY3 17.24 ▲ 0.58% SMTO3 14.40 ▼ 0.83% UGPA3 33.00 ▼ 0.15% VBBR3 36.18 ▲ 0.36% BBSE3 41.57 ▲ 0.75% BPAC11 57.07 ▲ 0.48% CURY3 31.36 ▲ 4.22% AERI3 2.16 ▲ 0.47% VIVARA 22.67 ▲ 2.21% COMPASS 24.82 ▼ 0.08% VAMOS 3.30 ▼ 1.20% SANB11 28.70 ▲ 0.28% ASAI3 8.48 ▼ 0.24% SBSP3 27.21 ▼ 1.77% WALMEX 49.79 ▼ 0.92% GMEXICO 211.78 ▲ 1.95% FEMSA 216.48 ▼ 2.24% CEMEX 20.63 ▲ 0.59% GFNORTE 197.49 ▼ 1.54% BIMBO 61.16 ▼ 1.29% TELEVISA 9.62 ▼ 1.94% AMX 21.48 ▼ 2.67% GAP 375.92 ▼ 0.16% ASUR 276.82 ▲ 0.44% OMA 231.41 ▲ 0.03% KOF 185.32 ▼ 1.04% GRUMA 263.44 ▲ 2.02% KIMBER 39.97 ▼ 0.57% SQM-B 61,665 ▼ 1.65% COPEC 6,311 ▼ 0.61% BSANTANDER 80.22 ▼ 0.95% FALABELLA 6,280 ▲ 1.03% ENELAM 87.79 ▼ 0.23% CENCOSUD 1,950 ▼ 0.25% CMPC 1,062 ▲ 0.64% BANCO CHILE 190.94 ▼ 1.43% LATAM AIR 25.27 ▲ 2.14% YPF 8,145 ▼ 1.75% GGAL 7,985 ▲ 1.31% PAMPA 5,510 ▼ 0.81% TXAR 655.50 ▼ 0.61% ALUAR 967.50 ▼ 1.02% TGS 9,910 ▼ 1.39% CEPU 2,378 ▼ 0.75% MIRGOR 1,655 ▼ 89.88% COME 43.58 ▼ 1.02% LOMA NEGRA 3,588 ▼ 0.90% BYMA 293.75 ▼ 0.59% TELECOM ARG 4,390 ▼ 0.40% ECOPETROL 16.55 ▼ 1.34% BANCOLOMBIA 90.86 ▼ 1.79% GRUPO AVAL 5.18 ▼ 1.89% CREDICORP 397.33 ▼ 0.81% SOUTHERN COPPER 185.14 ▲ 1.33% BUENAVENTURA 30.27 ▼ 0.05% MERCADOLIBRE 1,896 ▲ 0.94% NUBANK 14.47 ▲ 0.98% XP 17.04 ▼ 0.12% PAGSEGURO 9.66 ▲ 0.16% STONE 11.29 ▼ 0.79% GLOBANT 37.37 ▲ 2.10% TECNOGLASS 46.10 ▲ 6.11% GAP AIRPORT 216.87 ▼ 0.22% ASUR 276.82 ▲ 0.44% OMA AIRPORT 106.75 ▼ 0.14% AMX ADR 24.75 ▼ 2.37% FEMSA ADR 124.68 ▼ 2.59% CEMEX ADR 11.87 ▲ 0.42% PETROBRAS ADR 19.02 ▼ 1.96% VALE ADR 14.60 ▼ 3.09% ITAU ADR 8.47 ▲ 0.06% SANTANDER BR 5.69 ▲ 0.35% AMBEV ADR 3.08 ▼ 0.96% CSN 0.93 ▼ 5.21% GERDAU 4.99 ▲ 0.60% LATAM ADR 54.48 ▲ 3.25% BTC 63,812 ▲ 0.52% ETH 1,867 ▼ 0.83% SOL 73.63 ▲ 0.25% XRP 1.08 ▼ 0.43% BNB 591.55 ▲ 0.68% ADA 0.19 ▲ 1.34% DOGE 0.07 ▼ 0.58% AVAX 6.54 ▼ 0.02% LINK 8.24 ▼ 1.55% DOT 0.83 ▲ 3.79% LTC 44.11 ▼ 1.18% BCH 213.76 ▲ 0.58% TRX 0.33 ▲ 0.65% XLM 0.17 ▼ 1.43% HBAR 0.07 ▲ 0.96% NEAR 1.74 ▲ 1.66% ATOM 1.36 ▲ 7.29% AAVE 93.44 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Brazil Politics - Brazil

Brazil’s administrative reform should be passed in committee in August -chairman

By · June 15, 2021 · 2 min read

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RIO DE JANEIRO, BRAZIL – The Chamber of Deputies may finally move forward in the processing of the administrative reform legislation. The chairman of the special committee, deputy Fernando Monteiro (PP-PE), said voting on the text in the committee may occur between August 15 and 20, and in September in the plenary of the lower house.

Monteiro said he has not received any request from president Bolsonaro to hold the bill (Photo internet reproduction)
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Consequently, he said passing the reform in both houses of Congress by the end of the year is feasible, when the window to discuss politically sensitive issues will close due to the 2022 elections.

The plan is to expedite the process and start debating the proposal in both Houses concurrently, said Monteiro, elected last week as chair of the parliamentary committee responsible for analyzing the bill.

The procedure would be the same as during the Social Welfare reform, in which Senate members informally discussed the changes introduced by the Chamber to try to circumvent political opposition to the text.

Many civil servant groups, such as police officers, support President Jair Bolsonaro, who has so far made no move to advocate the administrative reform that his Economy Minister, Paulo Guedes, seeks to pass.

However, Monteiro, said he has not received any request from Bolsonaro to hold the bill and sees the economic team willing to move forward with the text, along with tax reform, by the end of 2021.

The government’s PEC (Proposed Amendment to the Constitution) is moderate, said Monteiro, and has not been adequately conveyed to society. In his opinion, Congress should include not only the federal executive branch, but also the legislative and judiciary, where there are more privileges, such as 60-day vacations for some positions.

He believes state and municipal employees should also be included.

“The bill’s aim is to modernize and render the public sector more efficient,” he said. The intended changes include more steps for public servants to reach higher salaries, lower starting salaries; stability with job mobility within the public service; and temporary hiring.

The government’s text is confusing, cold and short and will undergo many changes in the Chamber, he said. “It is essential to clarify the text to guarantee acquired rights and, at the same time, prevent future interpretations from resulting in litigation in courts.”

The public sector reform is a highly controversial topic and has for decades been opposing civil servants and private companies. The way Guedes began advocating the reform undermined the debate by comparing civil servants to “parasites” during a public event last year, which generated opposition to his proposal by Congress and labor unions.

Monteiro hopes to convey that the changes are in favor of society and civil servants, who will have the chance to include better working conditions in the bill.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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