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Bolsonaro says Brazil will propose tax reform as soon as pension reform approved

Published 05/20/2019, 07:42 AM
Updated 05/20/2019, 07:45 AM
© Reuters. Brazil's President Jair Bolsonaro attends the event "Nacao Caixa" of Caixa Economica Federal Bank in Brasilia

BRASILIA (Reuters) - Brazil's government will put forward tax reform proposals to Congress as soon as lawmakers approve pension reform, President Jair Bolsonaro tweeted on Monday, something he said is a "pressing desire" for the population.

© Reuters. Brazil's President Jair Bolsonaro attends the event "Nacao Caixa" of Caixa Economica Federal Bank in Brasilia

Approval of the government's pension reform bill, which aims to generate savings of more than 1 trillion reais ($306 billion) over the next decade, is the "entry point" for Brazil's progress and will pave the way for other economic reforms, Bolsonaro said.

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