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By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil’s social security reform proposal forecasts savings of least R$1 trillion over a period of ten years, announced the country’s Economy Minister, Paulo Guedes, on Tuesday.

"The idea is for it (savings) to reach at least R$1 trillion," Guedes told reporters after meeting with the new heads of the Chamber of Deputies and Senate.

“We simulated at fifteen, at twenty, at ten . . .

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