Power

Economic measures hope to plant Bolsonaro’s flag in the Northeast

Bolsonaro northeast economy
Photo: Marcos Corrêa/PR

When Brazil’s new ultra-reformist, ultra-liberal Economy Ministry took charge in January, many analysts correctly pointed out that much of the effects of its economic agenda would take time to reflect on the Brazilian population. Reforms to the pension, tax, and public service systems have to be made via constitutional amendments, which involve long and complicated legislative procedures. As an example, nine and a half months into the administration, the government’s number one priority—an overhaul of Brazil’s pensions—has yet to be sanctioned.

And even once these changes are made official, in-built transition periods mean they are unlikely to have...

Access all of The Brazilian Report

Less expensive than a coffee!

Enjoy your 30-day limited-time offer for US$ 0.25 a week