Executive Branch allocates $800 mm credit for Kandir Law agreement

The Executive Branch sent to the National Congress modifications in proposal (PLN 41/20) that foresees additional credit this year. With this, the government opens space to settle R$ 4 billion ($800 mm) in agreement to compensate federative entities for the Kandir Law, most of it allocated in transfers from the Union to states, the Federal District and municipalities.

Source: Money Times