Brazil & Southern Cone - 25 November 2003

Lula in race to approve basic reforms this year
President Lula da Silva’s government is in a race against time to approve by the end of December the two basic constitutional reforms he set himself for this year, namely tax and social security. Its reasons are both practical, certain fiscal measures needing to be in place by year’s end in order to be in force for 2004, and political, as it would be a sign of weakness if these two big reforms got pushed over into next year...

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