The president of the STF, Luiz Fux. Photo: Felipe Sampaio / STF
Federal Supreme Court (STF) President Luiz Fux said at an XP Investimentos event that the court will work on the assumption that there will be no defect of any kind in the case of court orders, admitting the possibility of a “micro-payment” by a part of the Union.
“Our concern is not only governability, but also respect for Brazil on the international stage. The state which defaults on its financial commitments is withdrawn from the investment scene, ”he said.
According to the minister, there are good expectations regarding the payment of court orders, which in the case of the Union amount to R $ 90 billion, and that the same strategy applied to the Union should be adopted by the states and municipalities.