Economics
Bolsonaro Hears Stimulus Pleas While His Economic Chief Resists
- Centrist lawmakers want more stimulus in the coming years
- President Says Guedes is in charge of economic policy
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Lawmakers from centrist parties are putting pressure on Brazil’s President Jair Bolsonaro to boost spending even if it forces Economy Minister Paulo Guedes out of the government, according to three people familiar with the discussion.
Bolsonaro has approached those parties to shore up support in Congress, potentially setting up a clash with his economy minister’s plan to resume a market-friendly agenda of fiscal reforms and privatizations after the coronavirus pandemic wanes. If Guedes leaves the government, then most of his team will follow, said two other people with knowledge of the matter.