# Law No. 8798 of December 21, 1993

> Brazilian law

**Wikidata**: [Q105647454](https://www.wikidata.org/wiki/Q105647454)  
**Source**: https://4ort.xyz/entity/law-no-8798-of-december-21-1993

## Summary
Law No. 8798 of December 21, 1993, is a Brazilian statute that authorized the opening of supplementary credit for the Union (federal government) to reinforce the fiscal budget. Approved by President Itamar Franco, it facilitated financial allocations for government programs and operations. This law is a key component of Brazil’s legislative framework for fiscal management.

## Key Facts
- **Approval Date:** December 21, 1993.
- **Approved By:** President Itamar Franco.
- **Purpose:** Authorized supplementary credit for the federal government.
- **Credit Type:** Supplementary credit (abertura de crédito suplementar).
- **Amount:** BRL 1,198,000,000 (1.198 billion Brazilian reais).
- **Jurisdiction:** Federative Republic of Brazil.
- **Legal Citation:** Lei nº 8798/1993.
- **Publication:** Published in Brasília, with the full text available at [https://www.planalto.gov.br/ccivil_03/leis/1989_1994/l8798.htm](https://www.planalto.gov.br/ccivil_03/leis/1989_1994/l8798.htm).
- **Language:** Brazilian Portuguese.
- **LexML ID:** urn:lex:br:federal:lei:1993-12-21;8798.
- **Focus Area:** Part of WikiProject Brazilian Laws.

## FAQs
**What was the primary purpose of Law No. 8798?**  
This law authorized the opening of supplementary credit worth BRL 1.198 billion to reinforce Brazil’s fiscal budget, enabling the federal government to fund specific programs and operations.

**Who approved Law No. 8798?**  
The law was approved by President Itamar Franco on December 21, 1993, as part of his executive authority under the Brazilian Constitution.

**How does this law relate to Brazil’s fiscal policy?**  
It directly contributed to fiscal management by authorizing additional financial resources, reflecting Brazil’s legislative process for budget adjustments and economic planning.

**Where can the full text of the law be accessed?**  
The complete text is publicly available via the Brazilian government’s legal database at [https://www.planalto.gov.br](https://www.planalto.gov.br).

## Why It Matters
Law No. 8798 is significant for its role in Brazil’s fiscal governance, demonstrating the legislative mechanisms for budgetary adjustments. By authorizing supplementary credit, it ensured the federal government could address financial needs beyond the original budget, supporting public services, economic stability, and compliance with constitutional spending rules. This law underscores the intersection of executive and legislative powers in managing public finances, a critical aspect of Brazil’s democratic and fiscal accountability frameworks.

## Notable For
- **Fiscal Adjustment Mechanism:** Exemplifies Brazil’s process for supplementary budget allocations.
- **Economic Context:** Part of fiscal measures during the administration of President Itamar Franco (1992–1994).
- **Transparency:** Published in the *Diário Oficial da União* (Official Gazette) and accessible via government portals, ensuring public accountability.
- **LexML Identification:** Unique identifier (urn:lex:br:federal:lei:1993-12-21;8798) for legal documentation and tracking.

## Body

### Legislative Context
Law No. 8798 was enacted on December 21, 1993, during the presidency of Itamar Franco, who governed Brazil from 1992 to 1994. This period followed the impeachment of Fernando Collor de Mello and preceded the Real Plan of 1994, which stabilized Brazil’s economy. The law aligns with Article 84 of the Brazilian Constitution, which grants the President authority to propose supplementary credit to the National Congress.

### Economic Impact
The law authorized BRL 1,198,000,000 in supplementary credit to reinforce the fiscal budget (*Orçamento Fiscal*), addressing gaps between initial allocations and actual government needs. This action supported federal programs, including social services, infrastructure, and administrative operations, reflecting Brazil’s commitment to fiscal responsibility while adapting to economic realities.

### Legal Specifications
- **Credit Type:** The term “abertura de crédito suplementar” refers to the creation of additional financial resources beyond the original budget, governed by Law No. 4,737/1965 (Complementary Law on Budgetary Guidelines).
- **Allocation:** Funds were directed to the Union (federal government), specifically for use by the executive branch.
- **Compliance:** The law adhered to Brazil’s constitutional requirement for legislative approval of budgetary adjustments, ensuring transparency and legislative oversight.

### Publication and Accessibility
Published in Brasília, the law was disseminated through the *Diário Oficial da União* (Official Gazette) and is archived digitally via the LexML system (URN: urn:lex:br:federal:lei:1993-12-21;8798). This dual publication method guarantees legal validity and public access, consistent with Brazil’s open government policies.

### Historical Significance
As part of Brazil’s fiscal legislation in the early 1990s, Law No. 8798 contributed to stabilizing public finances during a period of economic transition. It preceded the 1994 Real Plan, which introduced the Brazilian real (BRL) and controlled hyperinflation, underscoring the broader context of fiscal reform in Brazil’s recent history.

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1993-12-21;8798)
2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=8798&ano=1993&data=21/12/1993&ato=a61cXS65ENFpWT0fc)