Lukewarm Talks on Pension Bill Force Brazil's Economy Minister to Step In
- Economy minister to start negotiating directly with Congress
- Guedes’ team blindsided by Bolsonaro’s backtack on reform
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Brazil’s economy minister Paulo Guedes is to start negotiating directly with lawmakers over pension reform, due to concerns the rest of the government has made little progress selling the key proposal in Congress.
As soon as Carnival finishes Guedes will meet groups of up to 10 legislators to discuss the plan and insist on the need for savings of at least one trillion reais ($264 billion), according to a government official familiar with his thinking who was not authorized to speak publicly.