Lula says he is not at the negotiating table on IOF

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💡 WHAT IS IMPORTANT TO KNOW:

🌍 International Power | President Luiz Inácio Lula da Silva (PT) declared this Monday (7.Jul.2025) that he is not participating in a “conciliation table” in the case of the IOF (Tax on Financial Transactions). He classified the approval of the PDL [Legislative Decree Project] as “unconstitutional”, saying that decrees are part of the Executive's jurisdiction. “I am not participating in any conciliation table.

We sent a proposal to Congress, Congress decided to do something that, in my opinion, is unconstitutional, because a decree is a priority of the government, of the Executive”, said the journalist during the Brics summit, in Rio de Janeiro.

📲 Interested? Read the report on Poder360: https://www.poder360.com.br/poder-governo/lula-diz-nao-estar-em-mesa-de-negociacao-sobre-iof-inconstitucional/
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