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๐Ÿ‡ง๐Ÿ‡ท Brazil /Elections & Politics

Business leaders to present manifesto to presidential candidates demanding reforms and tax simplification

From Folha de S.Paulo · () Portuguese

Translated from Portuguese, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Business leaders will present a manifesto to presidential candidates on August 18, demanding reforms.
  • Key proposals include administrative and tax simplification, and payroll tax relief.
  • The business sector, responsible for 60% of Brazil's GDP, seeks to strengthen the business environment.

Brazilian business leaders are set to deliver a clear message to presidential hopefuls, demanding significant reforms to boost the national economy. On August 18, the National Union of Commerce and Services Entities (UNECS) will host an event titled "Encontro com os Presidenciรกveis, Diรกlogo pelo Futuro do Brasil" (Meeting with Presidential Candidates, Dialogue for Brazil's Future).

During this meeting, UNECS will present a manifesto outlining 14 priority areas for the sector. Central to their demands are reforms to administrative processes, simplification of the tax system, and reducing payroll tax burdens. The union also advocates for lower taxes overall, increased credit access for small and medium-sized businesses, greater legal certainty, and stronger measures against cybercrime and illegal trade. Streamlining public services is another key objective.

UNECS, representing eight major sector organizations, emphasizes that these measures are crucial for strengthening the business environment. The commerce and services sector is a powerhouse, contributing 60% of Brazil's Gross Domestic Product (GDP). The manifesto also includes proposals for policies supporting female entrepreneurship, encouraging the adoption of artificial intelligence, and enhancing public security.

The document will be presented to President Lula (PT), Flรกvio Bolsonaro (PL), Romeu Zema (Novo), Ronaldo Caiado (PSD), as well as Renan Santos (Missรฃo) and Augusto Cury (Avante). The organizations expect the candidates to commit to the proposed agenda and integrate some of these proposals into their government platforms.

DistantNews Editorial

Originally published by Folha de S.Paulo in Portuguese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.