Brazil’s Original Superminister Says It’s Time for Pension Push
- Delfim Netto asks for vote of confidence in new government
- Economic czar says Bolsonaro shouldn’t split pension reform
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Antonio Delfim Netto, one of the most ubiquitous characters in Brazil’s recent economic history, has some advice for the incoming government of newcomer Jair Bolsonaro.
Bolsonaro, who will begin his term as president on Jan. 1 with strong popular support, should be humble in his dealings with Congress, according to the 90-year-old former finance minister and long-time economic adviser to the country’s top politicians. The President-elect’s strategy of not distributing cabinet seats to potential allies in Congress is seen as potentially risky by investors, who worry the government won’t get enough support to pass reforms Brazil needs to fix its fiscal accounts.