Home Brazil Citibank sees social security reform as fundamental

Citibank sees social security reform as fundamental

615
0
SHARE

Brazil must approve social security reform in order to really get the economy humming again, said the chairman of Citi Brasil, Helio Magalhaes, in an article published by Agencia Estado last weekend. According to him, there’s optimism in Brazil, but there is no confidence. “The difference is that when there is confidence, investors sign checks, make investments, and put money to work to get projects going.”

Full article (Forbes, Kenneth Rapoza)