PEC of kindness leaves a risky inheritance; markets may have the worst quarter of the pandemic

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The benefits package being discussed in the Senate as part of the Fuels PEC or PEC of kindnesses, may be approved this Thursday (30), with an estimated cost of R$ 38 billion.

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The central purpose of the measure was corrected, with direct transfer of money to those who need it, despite questions about criteria and information bases that will be used, as well as the portion that can be wasted.

Still in 2021, when the first president of Petrobras was fired due to the increase in fuel prices, the big discussion has been to make a transfer to the population, but focused, which led to the PEC.

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The contradiction, however, is in the way this will be done, with a State of Emergency provided for in the proposal despite the positive assessment of Minister Paulo Guedes on the situation in the country.

The calendar, however, is running fast, and the government has 100 days until the election to do “kindness”. With that, the PEC has become a huge legacy that will weigh on the country after the election, created by those who may end up having to carry it.

In addition, the economy data From United States referring to the first quarter reinforced a climate of uncertainty abroad, with concerns about the country’s growth and inflation. The country is the great locomotive of the world economy, and the assets have been reflecting this uncertainty.

Now, markets end the second quarter of 2022 in a downturn, and it is expected to be the worst since the beginning of the pandemic, in 2020.

Presented by Thais Herédia and Priscila Yasbek, the CNN Money presents a balance of news issues that influence markets, finances and the direction of society and the dynamics of power in Brazil and in the world.

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*Posted by João Pedro Malar

Source: CNN Brasil

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