Brazil government wants to save $270 billion with pension reform: paper
SAO PAULO (Reuters) – Far-right Brazilian president Jair Bolsonaro’s new government wants to save 1 trillion reais ($269.48 billion) over 10 years via pension reforms economists say are vital to undo the growing fiscal deficit, a Brazilian newspaper reported on Monday.
Bolsonaro, a former army captain who has surrounded himself with generals and liberal economists as top advisers, made pension reform a staple of his campaign. But he has given few details before his inauguration or as president.
By Reuters Staff via Reuters