Brazil’s Reform Agenda Is Moving Forward, House Speaker Says

Brazil’s Congress is likely to tackle everything from a byzantine tax system to a government spending cap before July, when local election campaigns redefine legislative priorities.

So says Lower House Speaker Rodrigo Maia, who’s helping push the economic reform agenda of President Jair Bolsonaro forward after successfully overhauling a burdensome pension system earlier this year. Proposals also include a change in the law on basic sanitation that could unlock billions in infrastructure investments and a bill to grant the country’s central bank formal independence, he said.