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Government expects to raise R$17 billion by the end of the year with revenue package

BySimon Rousseau Posted onNovember 24, 2024 3:32 amNovember 24, 2024 3:32 am
Government expects to raise R$17 billion by the end of the year with revenue package

The federal government hopes to raise R$17 billion by the end of 2024 with the fundraising measures approved by the National Congress last year.

The projection was released on Friday night (22), by the Ministry of Planning, in the bimonthly revenue and expenditure assessment report for the 5th quarter of 2024. In September, the calculation was that R$33.740 billion would still be collected.

The estimate does not detail, however, how much has already been collected with each measure in previous months.

Also read

Government blocks R$6 billion from the 2024 Budget

Volume of frozen resources rose from R$13.3 billion to R$19.3 billion

The fundraising package that was approved by Congress last year predicted a collection of R$168.3 billion throughout the year to guarantee compliance with the primary result target of zero deficit.

See below how much the government expects to raise by the end of the year with each proposal:

ICMS subsidy
R$4.702 billion

Carf’s casting vote
R$424 million

Fixed odds bets
R$ 132 million

Law 14,873/2024 (tax compensations)
R$4 billion

Federal Revenue Transactions
R$5 billion

PGFN Transactions
R$2.749 billion

TOTAL: R$17.008 billion

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Simon Rousseau
Simon Rousseau

Hello, I'm Simon, a 39-year-old cinema enthusiast. With a passion for storytelling through film, I explore various genres and cultures within the cinematic universe. Join me on my journey as I share insights, reviews, and the magic of movies!

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