The government of the State of Rio de Janeiro announced this Tuesday that it has closed an agreement with the Union to be maintained in the Tax Recovery Regime (RRF), which offers relief in the payment of debts, after a long negotiation with the federal government.
The premises of the new agreement have not yet been disclosed. Sought, the Ministry of Economy did not immediately manifest itself on the subject.
“The State is now, in fact, in the Tax Recovery Regime. After two years working personally on this agenda, I am pleased to announce that we have managed to move forward and resolve all the points that were being discussed”, published the governor Claudio Castro on a social network. , adding that the formalization of the agreement was informed to the Federal Supreme Court by the State Attorney General’s Office and the Federal Attorney General’s Office.
The RRF can be accessed by States with serious financial imbalances. Participants must present a reckoning strategy. In exchange, the federal government can authorize the suspension of debt payments by the entity.
The State of Rio joined the regime for the first time in 2017, amid a serious fiscal and economic situation, and for two years it had been negotiating the premises to be maintained in the program, which underwent changes approved by the National Congress in 2020 and 2021.
“With this, we are guaranteeing more investments for our State, resources for essential areas, such as Safety, Health and Education, in addition to the timely payment of servers and suppliers”, said Castro, who recently joined the PL, the same party as the president. Jair Bolsonaro.
If there was no agreement, Rio de Janeiro would have to pay around 24 billion reais this year to pay liabilities to the Union.
At the end of March, the STF ordered the State to remain in the RRF for a period of three months so that a conciliation with the Union could be sought. The decision, taken as a preliminary injunction, took place after the National Treasury informed that it recommended the approval of the proposal for Rio to join the special regime with reservations, while the Attorney General’s Office of the National Treasury (PGFN) took a stand for its rejection.