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FILE PHOTO: A drone view shows the Central Bank headquarters building during sunset in Brasilia, Brazil, June 11, 2024. REUTERS/Adriano Machado/File Photo/File Photo
Brazil Senate committee again postpones vote on central bank financial autonomy
Financial autonomy would further increase the bank's independence from the executive branch.
15 August 2024
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BRASILIA, Aug 14 (Reuters) - A Brazilian Senate committee on Wednesday once again postponed a vote on a constitutional amendment proposal to grant financial autonomy to the central bank, which is backed by conservative lawmakers but opposed by President Luiz Inacio Lula da Silva.
The vote had already been delayed in July and the proposal's sponsor, Senator Plinio Valerio, said on Wednesday that the government had not approached him in the meantime to discuss the text.
