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Brazil Needs Urgent Reforms but Political Risk Remains High

By Contributing Reporter

RIO DE JANEIRO, BRAZIL - Over the past couple of months, it’s become clear that political risk remains high in Brazil, and that the approval of the fiscal consolidation agenda should not be taken for granted.

Congressional party leaders appear to remain dissatisfied with Bolsonaro and, as a result, they have yet to provide him with a solid Congressional base and to commit to the federal
government’s legislative agenda.

The pre-Easter week has ended on a sour note, amid the delay of the conclusion of the first stage of the social security reform’s debate . . .

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