Brazil's Flavio Bolsonaro vows to keep pension increases ...
His advisers are studying 250 billion reais in savings as he seeks to reassure voters before the runoff.
- On Thursday, Brazilian presidential candidate Flavio Bolsonaro promised to continue raising pensions above inflation if elected in the runoff later this month. He made the remarks in Brasilia after reports of his campaign's fiscal adjustment plans.
- A Folha report on Wednesday indicated economic advisers are studying measures to generate 250 billion reais in savings by curbing mandatory federal spending. The plan includes scrapping constitutional spending floors tied to healthcare and education growth.
- Rejecting privatization of state-run firms like Petrobras and Banco do Brasil, Bolsonaro promised to maintain social programs. He told reporters, "I won't balance the books on the backs of those who need it most."
- Leftist President Luiz Inacio Lula, Bolsonaro's opponent in the October 25 runoff, warned that a government run by the challenger would put social gains at risk. Silva cited concerns over potential cuts to above-inflation wage and pension increases.
- The runoff election on October 25 will determine Brazil's leadership after Bolsonaro unexpectedly finished first in Sunday's first-round vote. Both candidates are intensifying rhetoric regarding the country's fiscal future and social spending commitments.
13 Articles
13 Articles
Brazil's Flavio Bolsonaro vows to keep pension increases ...
The PL presidential candidate, Flávio Bolsonaro, said on Thursday that he intends to grant retirement adjustments above inflation if he is elected, despite defending an adjustment in public accounts. Questioned about the possibility of untying social security benefits and assistance from the minimum wage, the senator ruled out saving with retirees, but did not detail how he intends to reconcile the promise of real increase with the containment o…
Forbes, the world's most well-conceived business and economic magazine. PL candidate states that fiscal adjustment will not achieve social benefits and says that any government will seek to reduce taxes and strengthen social programs The post Flávio Promises Re-adjust Retirement Above Inflation appeared first in Forbes Brazil.
President Lula criticizes proposals by Flávio Bolsonaro that can affect social programs and public security in new videos
Brazilian presidential candidate Flavio Bolsonaro said on Thursday that if elected in the second round of elections later this month, he would continue to increase pensions… Brazil: Flavio Bolsonaro pledges to keep pension increases above inflation rate - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
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