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Bolsonaro will focus on Brazil pension reform, bilateral trade

Staff Writer |
Brazilian president-elect Jair Bolsonaro’s top economic advisor and proposed economy minister, Paulo Guedes, said on Sunday that reforming the country’s costly pension system would be a top priority for his government.

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Guedes, speaking shortly after Bolsonaro’s commanding win, said that Latin America’s biggest economy would seek bilateral trade deals, criticizing the restrictions of South America’s Mercosur trade bloc.

He said a proposed tax overhaul would generate some 10 million jobs by cutting payroll taxes.

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