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Congress Agenda Should Include the Fiscal Framework in the Lower House

BRAZIL
  • House Speaker Arthur Lira informed that party leaders will discuss the Senate amendments to text of the new fiscal framework. Congress is set to meet today to discuss the matter.
  • President Lula will meet former Paraguay President Fernando Lugo (2310BST/1810ET). Lula should also meet Athur Lira Tuesday or Wednesday to discuss cabinet reform.
  • Campos Neto’s schedule is light, but he does have a meeting set with representatives of payments companies at 1930BST/1430ET.
  • Looking ahead, BCB publishes the latest Focus survey at 1225BST/0725ET. Brazil Economic Activity is expected to have risen 0.5% m/m and 1.8% y/y in June. Trade Balance will cross later today, prior $1.69bn (1900BST/1400ET).

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