BRAZIL: Greater governability now hinges significantly on Guedes

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Economy Minister Paulo Guedes spoke by videoconference to the Covid-19 Joint Committee in Congress on 1 September. Contrary to expectations, the climate of the meeting was cordial, and no participant referred to the minister’s attack on the Senate for overturning a presidential veto on wage increases for public servants on 19 August. Guedes spoke profusely and put forth a strong defense of the official inflation-limited budget ceiling. He also announced that the government would submit a proposal for an administrative reform to Congress in the coming days – which was confirmed for today, 3
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