BRASILIA (Reuters) - Brazil's government wants to conclude voting on tax reform later this year to boost welfare aid from 2023 on, if President Jair Bolsonaro wins re-election in October, an official source said.
Brazilian President Jair Bolsonaro Sunday officially launched his candidacy for reelection at the Maracanaziho stadium in Rio de Janeiro. In his speech, the head of state once again criticized the country’s Judiciary and announced a new batch of measures to help the neediest.
Brazil's Congress on Wednesday approved the main text of a major pre-election spending package that President Jair Bolsonaro is banking on to lift his flagging re-election hopes, despite expectations it will fan double-digit inflation and hurt Brazil's exchange rate. Brazil's lower house approved the measure, but still had to vote on two specific amendments to its text.
Brazil s Lower House will be considering a major pre-election package sponsored by the administration of President Jair Bolsonaro which on Thursday was approved in the Senate with an overwhelming majority.