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Weekly Report - 07 March 2019 (WR-19-09)

BRAZIL: The case for the pension reform

The release of Brazil’s annual economic growth figures by the national statistics institute (Ibge) on 28 February demonstrates that the country is continuing the economic recovery begun in 2017, but at a painfully slow pace. This has served as a reminder for the government led by President Jair Bolsonaro of the uphill task it faces in fixing the economy, while also reinforcing the urgency of its calls for the approval of a contentious but much-needed pension reform, which was presented to the federal congress on 20 February.

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