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Brazil gov't sees no risk to austerity in pension reform changes
April 6, 2017 / 9:22 PM / 8 months ago

Brazil gov't sees no risk to austerity in pension reform changes

BRASILIA, April 6 (Reuters) - Proposed changes to the Brazilian government’s pension reform proposal do not threaten an ongoing overhaul of government finances, the finance ministry said in a statement on Thursday.

Brazil’s real weakened and local stocks fell on Thursday over doubts whether President Michel Temer will be able to secure approval for a pension reform designed to rebalance the country’s depleted accounts. (Reporting by Alonso Soto; Editing by Jonathan Oatis)

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