Home Foreign Trade Bolsonaro Wants to Announce an Economic Measure Every Two Days

Bolsonaro Wants to Announce an Economic Measure Every Two Days

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Paulo Guedes was working on the analysis of six to seven measures written down by former President Michel Temer that will be reviewed by the new government. The unanimous decision of the Chamber of Foreign Trade (Camex) to open the economy by reducing taxation for imported capital goods, IT and telecommunications will be one of the targets of this initial re-evaluation of the economic team.

According to the Estadao Newspaper, the strategy will be to announce every two days some measure of direct interest to the population and companies, with a focus on simplifying taxes and deregulating the economy. The initiatives are considered as a warm-up, while the National Congress is expected to send the strongest proposals, among them the Social Security reform  which is said to be the biggest battle and priority number.