Congressional Committee Adjourns Session on Extra Credit for Brazilian Government

Without the supplementary credit, the government will run out of money as early as June to pay for projects that rely on this additional amount, such as the Harvest Plan.

By Richard Mann, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The session of the Joint Budget Committee (CMO) discussing the release of an extra credit of R$248 (US$63) billion to the government was adjourned until June 11th, amid a stalemate between government and opposition legislators over the approval of the additional resources.

Allies attempted to vote on the text prior to the session's adjournment, but the opposition continued its obstruction of voting.

As a result of the crisis in public accounts, the government urged Congress at the beginning of the year to provide an extraordinary credit of R . . .

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