Brazil’s Congress Heads Pledge Economic Reforms, Covid Aid
- In show of unity, Lira and Pacheco visit Bolsonaro in Brasilia
- Investors bet on progress of reforms, fear more spending
Senate President Rodrigo Pacheco
Photographer: Andre Borges/BloombergThis article is for subscribers only.
The new heads of Brazil’s lower house and senate pledged to work on key economic reforms and additional Covid-19 assistance, as they held their first meeting with President Jair Bolsonaro in a display of unity.
House Speaker Arthur Lira and Senate President Rodrigo Pacheco, who swept to the key congressional jobs with Bolsonaro’s support, wrote in a Wednesday joint-statement they would prioritize bills to reform the tax system and the careers of public servants while also discussing ways to assist Brazilians who lost their income during the pandemic.