Welfare plans to include the military in the new rules – 23/01/2019 – Market



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It is ordered that the pension reform includes the military, according to Leaf . An increasing number of members of the Armed Forces Government Jair Bolsonaro have expressed their agreement with the proposal.

The path of persuasion was the motto "Give the example", a phrase dear to Bolsonaro – quoted further by the representative of your first
"We want to govern by example and we want the world to restore the trust it has always given us," he said.

"We want to govern by example and by we want the world to restore the trust it has always given us, "he said.It was not just Bolsonaro's rhetoric.

Three members of the delegation reported that during the trip made by Brazil to Switzerland, the president, despite the discomfort of wearing an intestinal bag, had refused to lie down in the only bed of Bolsonaro.

If everyone slept in an armchair, he could not travel more comfortably, he said.

The same reasoning would be at the origin of the inclusion of the army in the reform of the social security

The subject was discussed internally within the government, but also in this

The President Interim, Hamilton Mourão, has publicly supported increasing the length of stay in active members from 30 to 35 years.

Monday (21), he also defended the payment of the 11% contribution on the pension paid to widows of the army.

The two initiatives would be beneficial for the country, according to the general and vice-president, to whom his peers would not be refractory to them. On Tuesday in Davos, Bolsonaro announced that he would disclose the details of the pension reform as soon as he would recover from the planned operation next Monday (Moody's).

28).

At a meeting in camera with the presidents, the President of the Republic of Brazil, Paulo Guedes (Economy), could give this information, but the minister himself prefers an announcement in the presence of the president. According to the executives of large companies present, Mr. Bolsonaro announced that he intended to send the reform back to the National Congress.

The meeting with about thirty leaders was held shortly after his speech. Bank of America Presidents Brian Moynihan and Salesforce Mark Benioff – part of the audience was frustrated by the lack of details on pension reform.

The reaction of the leaders, however, was described as "very positive". "By this participant, although they noted that the president still had to go from words to action.

The speech at the plenary of the Forum also did not excite investors. "

Nariman Behravesh, chief economist at IHS Markit, summed up the feeling in the air:" My first reaction was that the speech was too short, during these few minutes he clearly indicated that it would adopt a program for business, including reducing the tax burden, reducing regulation and fighting corruption. "

" As many leaders have done in the past, global business leaders invest in Brazil

Luciana Coelho and Lucas Neves

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