Economy Minister is Confident on Pension Reform Approval

Minister Paulo Guedes is optimistic that Brazilian economic growth will return after pension reform is approved.

By Newsfeed/Reuters

RIO DE JANEIRO, BRAZIL - Brazil's Economy Minister Paulo Guedes said on Thursday he was confident pension reform would be approved in the next sixty to ninety days, and that it would pack a significant fiscal punch.

"We believe it will be approved, and that in 60 days there will be a favorable surprise in the Senate," Guedes said at an event in Sao Paulo. "A climate of collaboration among the political class has replaced the one of division and distrust of recent months," he noted.

"I am optimistic, I think that in 60 to 90 days . . .

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