Brazil’s President Jair Bolsonaro speaks during a ceremony at the Planalto Palace in Brasilia, Brazil, November 4, 2019. REUTERS/Adriano Machado
November 5, 2019
BRASILIA (Reuters) – Brazil President Jair Bolsonaro and his Economy Minister Paulo Guedes on Tuesday went to Congress to deliver a wide-ranging bundle of proposed economic reforms to tackle a budget deficit, hoping to build on momentum from a landmark pension reform.
The government has been discussing proposals to reduce tax breaks by 10%, free up government funds to pay down public debt, ease budget rules to lower obligatory spending and reduce job guarantees for new civil servants, officials have said.
(Reporting by Maria Carolina Marcello, Marcela Ayres and Lisandra Paraguassu; Editing by Chizu Nomiyama)
