A Lei de Responsabilidade Fiscal (LRF) e o impacto sobre o endividamento dos municípios potiguares

Abstract

The indebtedness of the Brazilian States and Municipalities comes from the 70’s and still without a satisfactory solution, is a central issue of the adjustment process in the public sector. The effort to reduce debt culminated with the implementation of the LRF, which aims, among others, is to control the debt. In this context, the aim of this paper is to verify the situation of the indebtedness of Potiguares Municipalities after the implementation of the LRF, concerning to its reduction and regards limits. To check whether there was a reduction in indebtedness selected four indicators, calculated for the period 1998 to 2003. Then we applied the hypothesis test of differences in means for paired observations, nonparametric, Wilcoxon called. To check whether the Potiguares Municipalities complied with the limits, we analyzed the period from 2001 to 2009, where the results of the indebtedness indicators were compared with their respective limits. The evidences confirm that the LRF may have accomplished its purpose of controlling the spread of indebtedness by setting rules and limits. But, when comparing the results of Potiguares Municipalities and the Paranaenses, it was observed that the Potiguares are most indebted.