Acre to receive R$ 324 million in State Participation Fund

The state of Acre is scheduled to receive R$ 324.1 million in the first installment of the State Participation Fund (FPE) for August. According to the National Treasury Secretariat, the funds will be credited by Banco do Brasil on August 10.

The total amount is derived from two legislative criteria: R$ 160.6 million under Complementary Law No. 62/1989 and R$ 163.5 million under Complementary Law No. 143/2013. The final amount already includes a 20% deduction intended for the Fund for the Maintenance and Development of Basic Education (Fundeb).