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Choosing the right MBA program involves careful consideration of the fee structure, and XLRI Jamshedpur, one of India’s premier business schools, offers a range of management programs that reflect the institution’s reputation for excellence. In this guide, we’ll dive into the details of XLRI Jamshedpur fees, breaking down the tuition, additional charges, and financial aid opportunities to help you make an informed decision about your investment in education.
Overview of XLRI Jamshedpur
Established in 1949, xlri jamshedpur fees has built a solid reputation for delivering top-notch management education. It offers several programs, including the Post Graduate Diploma in Management (PGDM) in Business Management (BM) and Human Resource Management (HRM), as well as the Fellow Program in Management (FPM) and Executive MBA programs. XLRI has consistently ranked among the best in India, making it a coveted destination for aspiring business leaders.
XLRI Jamshedpur Fees Structure (2024)
For the PGDM in Business Management (BM) and Human Resource Management (HRM) programs, the total tuition fees for the academic year 2024 are approximately INR 25-27 lakhs. The fee is typically payable in installments over the two-year duration of the course.
Here's a breakdown of the major components of the fee structure:
Tuition Fees: The tuition fees range between INR 21-23 lakhs for the two-year program. This covers academic instruction, access to the library, and basic course materials.
Admission Fees: An admission fee of around INR 1-2 lakhs is payable upon securing a seat in the program.
Accommodation and Hostel Charges: Hostel facilities are available for both male and female students. The cost of accommodation ranges between INR 1.5-2 lakhs per year, depending on the type of room and amenities provided.
Caution Deposit: A refundable caution deposit of INR 25,000-50,000 is collected at the start of the course to cover any damages or losses.
Additional Charges: Other expenses include course materials, laptops (if applicable), and student development activities. These can total INR 1-2 lakhs over the course duration.
The fees mentioned above are subject to change, and it’s always best to refer to the official website of XLRI for the most up-to-date figures.
Payment Schedule
XLRI allows students to pay fees in installments, which are typically spread across the four terms of the two-year program. This helps ease the financial burden on students and allows for better financial planning. Students must clear their fees before the commencement of each term.
Scholarships and Financial Aid
To make management education accessible to a wider range of students, XLRI offers several scholarships and financial aid options based on merit and need:
Merit-Based Scholarships: These are awarded to students who demonstrate outstanding academic achievements and leadership potential. Scholarships may cover a portion of the tuition fees.
Need-Based Financial Aid: XLRI offers financial assistance to students from economically disadvantaged backgrounds. The financial aid office evaluates applications based on family income and other criteria to determine the level of support.
Industry-Sponsored Scholarships: XLRI also partners with several companies to offer scholarships for students pursuing specific fields of study, such as Human Resource Management (HRM).
Education Loans: Many banks offer attractive loan options for students pursuing their MBA at XLRI Jamshedpur. These loans often come with flexible repayment schedules and low-interest rates, making them a viable option for many students.
Return on Investment (ROI)
Though the fees for XLRI’s programs may seem high, the return on investment (ROI) is generally considered excellent. XLRI graduates are highly sought after by top companies, and the average salary for XLRI MBA graduates ranges from INR 25-30 lakhs per annum. Many students secure job offers that cover their tuition fees within the first year of employment, making it a lucrative investment for long-term career growth.
Final Thoughts
While the XLRI Jamshedpur fees can be a significant investment, the world-class education, faculty, and career prospects it offers make it worth the cost. With the availability of scholarships, financial aid, and flexible loan options, students from various financial backgrounds can pursue their MBA dreams without undue financial stress.
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Pandemic combat measures total R $ 1,169 rail, says secretary
(photo: Edu Andrade / Ascom / ME)
THE executive secretary of the Ministry of Economy, Marcelo Guaranys, presented this Friday (17/4), a balance of all emergency measures taken by the folder to combat the coronavirus pandemic. “We know that these measures have the necessary fiscal impact and we know that we will have to pay the bill later. Soon after the crisis, we will have to return to the structural reforms. They are suspended now, but the resumption of the economy will demand a great effort”, evaluated.
Guaranys listed all the pandemic combat measures already adopted by the economic team – credit and income transfer -, which add up R $ 1,169 rail.
Of this total, the tax effect is R $ 307.9 billion, of which R $ 285.4 billion has a primary impact in 2020.
In addition, he cited the R $ 1.2 trail liquidity injection by the Central Bank to the banks. “The BC's measures also released R $ 3.2 trillion in capital in the financial system”, he added.
States
The executive secretary of the Ministry of Economy also said that the government is allocating up to R $ 133.35 billion in extra aid to states and municipalities. According to him, the tax impact of these shares would already be R $ 72.1 billion.
Of this total, the secretary cited R $ 51.45 billion in transfers to the National Health Fund (R $ 9 billion), SUAS supplement (R $ 2.55 billion), transfers through FPE / FPM (R $ 16 billion), deferral of Pasep and RGPS (R $ 3.9 billion) and securitization of debt from the States (R $ 20 billion). Another R $ 37.4 billion would come from the suspension of debt installments from regional governments with the Union and public banks.
Guaranys also cited the government's proposal for an additional contribution of R $ 40 billion to states and municipalities. The Chamber of Deputies, however, approved a project that would cover the entire loss of ICMS and ISS collection from regional governments from May to October.
According to calculations by the ministry itself, in a scenario of loss of 30% of revenues, States would receive R $ 74.556 billion, while R $ 9.157 billion would be transferred to city halls, totaling R $ 84 billion – more than the double offered by the portfolio. . The text has yet to be voted on by the Senate.
Agreements
The special secretary for Social Security and Labor of the Ministry of Economy, Bruno Bianco, informed that 2 million agreements have already been signed for the suspension of employment contracts or reduction of working hours and wages. He complained about the press coverage in relation to measures that enable companies to reduce the salaries of employees during the crisis and recalled that these actions have the complementation of part of the salaries by the government.
“The Brazilian and world population suffers every day with the uncertainties of a crisis. The government is giving a toolbox that will bring the population peace that they will have their jobs guaranteed. The government has protected millions of people with the bread of each day, “argued Bianco.
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ABCSPELL KEYGEN
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The highlight of this collection is TED, a Notepad replacement that is smaller and more fully featured than the Windows standard tool. Offer protection from malicious code intrusions, keeping the information on your PC safe and private. Handy shortcuts Keygen pull up menus to easily copy Abcspell items to an empty slot in a bank or to select from recently copied items or a bank for quick pasting.
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Version 1.2.0.7 has an improvement of alarm system. In addition, ICQure Keygen Abcspell is using the Advanced Malicious Application Detection system (called 'APayya'), which scans every incoming file looking for suspicious characteristics using a very sophisticated and flexible rules system. Similar to Windows' Quick Launch but a bit more powerful, GetStartedXP adds a shortcut toolbar to your desktop.
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Government proposes reinforcement of R $ 77.4 billion for states and municipalities
Special Finance Secretary of the Ministry of Economy, Waldery Rodrigues (photo: Disclosure / Ministry of Economy)
The federal government has promised to release an additional R $ 77.4 billion to states and municipalities during the coronavirus crisis, if Congress revises the package of aid to federal entities that was approved on Monday (13) by the Chamber of Deputies. The proposal, an alternative to that of the Chamber, was presented by the economic team on Tuesday (14) at the Planalto Palace and must now be discussed with the Senate or be transformed into a provisional measure.
Special Finance Secretary of the Ministry of Economy, Waldery Rodrigues said that the government drew up an alternative proposal to that of the Chamber, as it understands that there are problems in the project designed by the deputies. The economic team believes, for example, that the tax impact of R $ 89 billion calculated by the Chamber may be much greater, since the loss of revenue from federal entities during the coronavirus crisis may exceed the 30% imagined by the deputies.
Waldery says that as transfers will vary each month, aid to states and municipalities could be more expensive than paying R $ 600 to informal workers, which will cost R $ 98 billion in three months. By bringing predictable spending, the government's proposal, according to the economic team, would have less fiscal impact and greater effectiveness.
The executive secretary of the Ministry of Economy, Marcelo Guaranys, added that “if there are too many resources for the states and municipalities, in addition to what is necessary to fight the disease, they will not have the resources to maintain jobs and support the vulnerable”. Given the magnitude of the crisis, he recalled that everyone will suffer losses. “We are all going to lose revenue. It is not possible for the people to pay all the losses later,” said Guaranys.
Deadline
The government still complains that the House's project would last longer than the planned three months of the pandemic – unlike other measures to combat Covid-19 already announced by the government, which are limited to that period. According to the proposal approved by the deputies, transfers to states and municipalities would be made for six months, to offset losses between April and September. The government's proposal is to transfer R $ 40 billion in three months, the same term that has been adopted for other initiatives, such as emergency aid for informal workers.
“All programs of the federal government are coming out with a term close to 90 days. Here, it would be the first case that we would go beyond these three months. Since, in the case of the informal ones, which have an evident weakness, we have three months”, compared the Special Advisor on Institutional Relations at the Ministry of Economy, Esteves Colnago. He points out that if the transfers proposed by the Chamber lasted, in principle, the three months suggested by the government, they would be in a similar spending range.
Waldery said, then, that the government's proposal is to release R $ 77.4 billion to states and municipalities, in addition to the R $ 49.9 million that have already been announced to the federal entities. In total, therefore, R $ 127.3 billion would be released to the federal entities in the coming months.
Of the R $ 77.4 billion proposed today, however, only R $ 40 billion corresponds to direct transfers. The rest would be released through the renegotiation of the states and municipalities' debt with the Union and with public banks.
Distribution
In addition, the government claims that the resources approved by the Chamber could be better distributed, to arrive with more emphasis on health and the population. The economic team claims that the division by the ICMS and ISS criteria would favor the states and municipalities with greater economic activity. Therefore, it proposes that the new resources be distributed through criteria per capita or according to the need for health, which will be informed by the Ministry and the health departments. “More than 80% of our proposal is linked to criteria per capita, addressing the most direct needs brought by Covid-19,” said Waldery.
Before the presentation of this proposal, the Economic Policy secretary of the Ministry of Economy, Adolfo Sachsida, had already criticized the distribution of resources according to the collection of the ICMS. Live with the financial market, he questioned whether it was right to privilege the wealthiest states, which are better able to deal with the coronavirus pandemic, and not the poorest.
Processing
The members of the economic team said that the idea now is to discuss this text with the Senate, which may change the proposal already approved by the deputies. “If the adjustment can be made by the Legislature, the better,” said Colnago. However, they do not rule out presenting a provisional measure and a bill, if necessary. “There are some ways. The R $ 40 billion in direct transfer can be placed in a provisional measure. If an MP is sent, the other projects will walk through a complementary bill,” added Waldery.
The difference is that MPs come into effect at the time of publication. Only then do they need to be approved by Congress and made into law, or they expire after 120 days. According to Colnago, the government may release R $ 40 billion for three months, via MP, and, if there are still difficulties at the end of the term, send a new one to make other transfers. “In 15 days, 20 days, a month and a half, if it proves to be insufficient, we can get together and propose another MP, with other resources and other purposes,” he said.
Colnago assured that the government is “willing to do whatever help is needed”, but at fixed rates. For him, “it is important to have a little more management over resources”. From this point of view, the government's proposal, without variation over time, “would be a better thing, more adjustable for the economic team”, he defends. Waldery added that signing “a blank check” creates uncertainty about public accounts and can discourage state and municipal collections, “since any loss will be compensated by the Union”.
Understand the government proposal
What is already underway:
R $ 49.9 billion, of which:
R $ 8 billion in fund-to-fund transfers
R $ 2 billion supplementation of the Unified Social Assistance System (SUAS)
R $ 16 billion in recomposition of the State Participation Fund (FPE) and the Municipality Participation Fund (FPM)
R $ 3.9 billion deferral from Pasep and the General Social Security System
R $ 20 billion in securitization of debts guaranteed by the Federal Government
Of this total, which R $ 28.3 billion will go to the states and R $ 21.6 billion to the municipalities
What is being proposed again:
R $ 77.4 billion, of which:
– R $ 40 billion in direct transfers, which would be divided as follows:
R $ 14 billion from fund to fund for health
R $ 2 billion for the Unified Social Assistance System (SUAS)
R $ 1.5 billion for the School Meals Program
R $ 22.5 billion in direct transfers made according to per capita criteria
– R $ 22.6 billion of debt suspension with the Federal Government for up to six months, being:
R $ 10.6 billion from the Tax Recovery Regime and injunctions submitted to the STF before Covid-19
R $ 9.9 billion of injunctions presented during the pandemic of the new coronavirus
R $ 2.1 billion from other states and municipalities
– R $ 14.8 billion of suspension of debts with public banks (Caixa and BNDES) in 2020
Of the total of R $ 77.4 billion, R $ 50.2 billion would go to the states and R $ 27.1 billion to the municipalities
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Guedes negotiates fiscal bomb to transfer R $ 40 billion to states and municipalities
Minister warned that he does not accept to expand the debt space of the states (photo: Alan Santos / PR)
The government has forwarded to the leaders of the Chamber and Senate parties a proposal for an agreement to transfer up to R $ 40 billion in direct resources to states and municipalities facing Covid-19. In return, the governor and mayor who receive the federal money will have to suspend the salary adjustments of their public servants for two years.
The government proposal to replace the text of the emergency project to help states and municipalities that is being processed in the Chamber or to present a new text through an ally senator. It is still not ruled out to issue a provisional measure (MP) with the terms of the agreement with the leaders. The initial proposal is R $ 32 billion, with a clearance to rise to R $ 40 billion, according to information from the State Agency.
The project underway in the Chamber, sponsored by the President of the House, Rodrigo Maia (DEM-RJ), has the potential to affect public coffers by up to R $ 222 billion, depending on its size, according to calculations by the National Treasury Secretary, Mansueto Almeida.
The Minister of Economy, Paulo Guedes, has already warned that he does not accept the expansion of the debt space of the states. The Mansueto Plan, which provided for financial relief to regional governments with difficulty paying public servants and suppliers, but required structural adjustment adjustments for public accounts, such as a reduction in personnel expenses, was abandoned by the minister.
Public accounts
The Secretary of the National Treasury, Mansueto Almeida, estimates the impact on the public coffers of the project to help states and municipalities to be voted on by the Chamber next week at R $ 222 billion. The calculation was released yesterday in a technical note from the Ministry of Economy. Mansueto and team affirm that this value depends on the effects of the measures that are being considered by the deputies that go beyond actions to combat Covid-19 and does not include the possible opening of space for municipal debt.
Project 149, which has deputy Pedro Paulo (DEM-RJ) as rapporteur, is being used by the Chamber to incorporate proposals for financial aid to states and municipalities to mitigate the drop in tax collection due to the coronavirus crisis. Contrary to the Mansueto Plan, which is a broader text, with several fiscal adjustment measures required from government officials, the project under elaboration focused on compensating states for the loss in revenue and the possibility of increasing the debt for governors and mayors.
The economic team and public finance experts classified the text as a “fiscal bomb” for its impact on public coffers. According to the technical note, the impact of the substitute of at least R $ 105 billion on public sector finance in 2020.
The amount of federal support, however, rises to R $ 159 billion, when considering renegotiation of Union guarantees to state debts, payments that should be made to public banks (Caixa and BNDES) and multilateral organizations and transfers via public funds. participation of states and municipalities (FPE and FPM).
“This extraordinary set of resources will be entirely financed through an increase in public debt, as there are no new sources of revenue in any sphere of the consolidated public sector,” says the technical note.
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State support project can generate impact of up to R $ 222 billion
(photo: Marcello Casal Jr./Agência Brasil)
The project to help the states to face the covid-19 pandemic can have an impact on public accounts of at least R $ 105 billion or even reach R $ 222 billion. what the technical note of the Ministry of Economy says about the substitute of the Complementary Law Project (PLP) nº 149 of 2019 (Plano Mansueto), presented last Thursday (8/4) by deputy Pedro Paulo (DEM-RJ).
The text provides for measures such as suspension of payment of debts by the states to the Union and banks, emergency aid to compensate for drop in collection, breach of spending ceiling and new credit operations with Union guarantee. The bill can be voted on in the plenary of the Chamber of Deputies next Monday. Last week, there was no consensus among deputies for the vote.
Of this total impact of R $ 105 billion, R $ 9 billion are suspended from debts with Caixa Econmica Federal and the National Bank for Economic and Social Development (BNDES); R $ 55 billion result from credit operations authorized by the substitute; and R $ 41 are transfers to recover collection losses with the Tax on Circulation of Goods and Services (ICMS) and the Tax on Services (ISS).
Doubts with Unio
In the technical note, signed by the Secretary of the National Treasury, Mansueto Almeida, the government points out that the substitute provides that the debt refinancing contracts of the states with the Union will not need to be paid in the nine months between March and December 2020, that is, the suspension period exceeds the six-month period established in preliminary decisions of the Supreme Federal Court in the context of actions filed by the states.
“It should also be clarified that the Federal District and Cear do not have lawsuits requesting the suspension of payments on debts refinanced by the Union and, therefore, also represent innovations of this substitute. In addition, the states of Gois, Minas Gerais and Rio Grande do Sul are not paying their debts with the Union as a result of decisions in lawsuits that ask for the anticipation of the effects of joining the Tax Recovery Regime. The states in this category are: Gois, Minas Gerais and Rio Grande do Sul and, therefore, will also not have their impacts directly associated with this substitute. Finally, there is the case of the State of Rio de Janeiro, which since its adhesion to the Tax Recovery Regime in September 2017 has not paid debts refinanced by the Union ”, says the technical note.
Scenarios
The ministry's technicians clarify that this total of R $ 105 billion in impact does not consider: debt payments refinanced by the states suspended due to the related injunctions covid-19; debt payments from Amap, Gois, Minas Gerais, Rio de Janeiro and Rio Grande do Norte with Caixa and BNDES; effects of debt renegotiations with national financial institutions (except Caixa and BNDES) or multilateral organizations; and transfers for the recomposition of participation funds from States and the Federal District (FPE) and Municipalities (FPM). If these effects are considered and also the renegotiation of all guaranteed debts, the federal support to the states in combating covid-19 “surely exceeds R $ 159 billion”.
Although it is not foreseen in the substitute to PLP 149, add the technicians, probably the final text should grant credit operations to the municipalities with a similar rule of the states, which would add R $ 39 billion impact.
The technical note highlights that there are financial impacts of matters not related to the covid-19 combat that appear in the substitute. “Notably the period for complying with the current primary (non-financial) limit on art. 4th of LC 156, of 2016, which represents a waiver of up to R $ 27 billion for the Union, and the period of debt charges with old discussions in the Judiciary, which represents a R $ 16 billion discount on the National Treasury's assets ”, Says the note.
When adding all the effects, whether expressed or not in the substitute, the total impact would be between R $ 148 billion and R $ 222 billion, “depending on how its effects are understood – not to mention the possible opening of space for the indebtedness of the municipalities ”.
The technicians also say that “this extraordinary set of resources will be entirely financed through an increase in public debt, as there are no new sources of revenue in any sphere of the consolidated public sector (Union, states and municipalities)”.
Primary deficit
In the note, the technicians also say that, even without taking into account the approval of the substitute, the primary deficit (expenses greater than revenues, without considering interest expenses) in the public sector, in 2020, should approach R $ 500 billion , about 7% of the Gross Domestic Product (GDP), the sum of all goods and services produced in the country. “Thus, it is important that any new fiscal impact be discussed carefully to avoid excessive growth of the primary deficit and public debt, in addition to what is strictly necessary to reduce the economic and social impacts of the coronavirus crisis and to guarantee the necessary resources for the system health of all the Federation's entities ”, says the technical note.
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Government will release R $ 92 billion to protect formal jobs
(photo: Isac Nobrega / PR)
The Bolsonaro government will free up R $ 92 billion to ensure the maintenance of formal jobs during the coronavirus crisis. The appeal will be released by two provisional measures that President Jair Bolsonaro promised to publish “from today to tomorrow”: one to allow companies to reduce their workers' wages and another to finance the payroll of small and medium-sized companies.
One of the provisional measures will allow the suspension of the employment contract or the reduction of the workload of Brazilian workers during the coronavirus pandemic. The measure will come, however, with the guarantee that the government will pay the part of the salary that will no longer be paid by companies. Therefore, it will have a fiscal impact of R $ 58 billion.
“From today to tomorrow there are also three provisional measures. The first is labor, which aims to maintain jobs, with an estimated expenditure of R $ 58 billion,” announced Bolsonaro, in a statement made at the Planalto Palace on Wednesday ( 04/01).
“The labor program gives companies several possibilities. For example, they can reduce the workday by 20%, 25%, 30%, that the government covers this difference in salary. If the company is struggling and wants to reduce it by 20% , 25% or 30% salary, the government goes there and pays 20%, 25% or 30% salary “, added Economy Minister Paulo Guedes, saying that the government is” paying companies to keep jobs ” .
The guarantee that the government would compensate for the loss of wages of workers who had a flat income during the state of public calamity caused by the coronavirus was not clear in the first provisional labor measure launched by the government in that period, MP 927. Therefore, this possibility of cutting workers' wages was revoked in MP 927 and the government promised to publish this other provisional measure on the subject, ensuring wage compensation and also full payment of unemployment insurance to those who have the contract suspended during that period.
The MP, however, has been awaited for more than a week by the productive sector, which sees to the extent a possibility to avoid layoffs in this period of economic slowdown. Most workers, however, still see the proposal with reservations, as they fear losing their jobs and access to unemployment insurance after that period. Because of this, Bolsonaro said that Minister Paulo Guedes will present more details of the measure soon.
Salary
The other R $ 34 billion that the government released for the protection of formal jobs during the Covid-19 crisis will be injected by the provisional measure that will allow the financing of the payroll of small and medium-sized Brazilian companies. The measure will also be edited until this Thursday (April 2), according to Bolsonaro, and will still count on an investment of R $ 6 billion from Brazilian banks. In all, therefore, R $ 40 billion will be released for 1.4 million companies to pay the wages of 12.2 million workers.
“The company that decides to keep the job, when it keeps the job, we not only supplement the salary, but we give credit to the payroll. And the money goes in the vein, directly to the worker. The company that is without capital working hours and reduced 30% of wages and working hours by 30%, we go there and pay 30% of wages. And if you have no money to pay the other 70% that you have committed to maintain, we go there and give credit for her to keep her job “, explained Guedes, making it clear that the same company will be able to make use of the two measures promised by the government.
Informal
Bolsonaro also promised to sanction on Wednesday the program that will release an emergency aid of R $ 600 for informal workers and intermittent workers. The benefit, approved by Congress, should release an additional R $ 98 billion for Brazilian workers during the three months of the crisis caused by Covid-19. In all, the release of resources for Brazilian workers, whether formal or informal, therefore reaches R $ 190 billion.
“Both the wage supplementation labor program and the payroll financing credit program are being insured. The total is R $ 200 billion. It is 2.6% of GDP for maintaining health, preserving lives, and job maintenance “, highlighted the Minister of Economy ,.
States
Bolsonaro also said he would edit another provisional measure until tomorrow. This third MP, however, will deal with states and municipalities. It is that the government promised to complement the collection losses that the State Participation Fund (FPE) and the Municipality Participation Fund (FPM) will suffer during the coronavirus crisis, to avoid the reduction of transfers to federal entities. “It is an emergency aid in which the Federal Government plans to provide R $ 16 billion,” recalled the president.
This FPE and FPM compensation is part of a R $ 88 billion package that was announced as a Union aid to states and municipalities in this period of crisis.
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Bolsonaro promises R $ 85.8 billion to strengthen states and municipalities
(photo: AFP / Zak BENNETT)
Pressed to help states and municipalities to face the coronavirus pandemic, the president Jair Bolsonaro (without party) promised on Monday afternoon (23) a package that promises to release R $ 85.8 billion for federal entities. The announcement exceeds what was being requested by the states and was made on social networks by President Jair Bolsonaro.
“Governors requested R $ 4 billion for emergency health actions. The Federal Government is allocating R $ 8 billion in four months,” wrote Bolsonaro, who discusses the progress of Covid-19 with the governors of the North / Northeast by videoconference this afternoon.
The rest of the R $ 85.8 billion must be released through measures such as the recomposition of the State Participation Fund (FPE) and the Municipality Participation Fund (FPM), Social Assistance Budget, Suspension of States' debts with the Union, Renegotiation with banks and operations with credit facilitation.
It is worth remembering that, in addition to the R $ 8 billion cited by Bolsonaro, the state secretaries of Finance and Health had been asking the government for a monthly transfer of R $ 15.6 billion. The amount, according to the secretaries, is necessary to offset the loss of revenue of approximately R $ 14 billion per month that the coronavirus should cause in the states and the increase in health spending, which should add up to R $ 5 billion in the next three months.
The amount, however, had been treated as unfeasible by the economic team. Asked about the secretaries' claims last week, the special secretary of Finance, Waldery Rodrigues, said that R $ 15 billion was an amount that did not fit the cashier. He also stated that there were better solutions than suspending the debts of the states
Among the measures, is the suspension of the debts of the states with the Union, which will cost the Union R $ 12.6 billion. The actions must be dealt with in two provisional measures (MP), not yet published.
See below the measures announced by Bolsonaro through Twitter to help states and municipalities:
1- Transfer to health / R $ 8 billion, double the expected.
2- FPE and FPM replenishment: R $ 16 billion (insurance for drop in collection).
3- Social Assistance Budget: R $ 2 billion.
4- Suspension of State debts to the Union: R $ 12.6 billion.
5- Renegotiation with banks: R $ 9.6 billion (debts of states and municipalities with banks).
6- Loan facilitation operations: R $ 40 billion.
A- Temporary solutions for emergency situations: 2 MPs will transfer funds to state and municipal health funds.
B- Union will provide more resources than requested. Governors requested R $ 4 billion for emergency health actions. The Federal Government is allocating R $ 8 billion in four months.
C- Insurance for loss of collection of transfer of the Federal Government. Guarantee of maintenance of FPE and FPM at the same levels of 2019. It is estimated that the Federal Government will access with R $ 16 billion in four months.
D- Permanent solutions to structural problems. Improvement of reforms: Emergency PEC of the Federative Pact and Plan Mansueto are being improved and will give impetus to States and Municipalities to overcome the crisis.
E- Federal Government, Justice, Congress, States and Municipalities together will build a federative structural solution.
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