Finance minister Henrique Meirelles has stepped up to the daunting task of breathing new life into Brazil’s domestic economy by promoting a series of ambitious economic reforms. The most important of these is a pensions reform bill, dubbed “the mother of all reforms”, designed to reduce Brazil’s burdensome fiscal deficit. But the reform bill has hit a wall in the national congress, casting doubt on whether Meirelles has the political nous to steer it through the legislature and successfully bring Brazil out of economic recession. End of preview - This article contains approximately 2037 words.
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