Bolsonaro says Brazil will propose tax reform as soon as pension reform approved

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BRASILIA (Reuters) – Brazil’s government will put forward tax reform proposals to Congress as soon as lawmakers approve pension reform, President Jair Bolsonaro tweeted on Monday, something he said is a “pressing desire” for the population.

Approval of the government’s pension reform bill, which aims to generate savings of more than 1 trillion reais ($306 billion) over the next decade, is the “entry point” for Brazil’s progress and will pave the way for other economic reforms, Bolsonaro said.

(Reporting by Jamie McGeever)