Brasilia: Brazil will seek to simplify its tax code in 2017, President Michel Temer said yesterday, aiming to expand reforms following earlier proposals to modify the pension system and labour laws.
Since taking office after the ouster of his leftist predecessor Dilma Rousseff, Temer has pledged to pursue structural reforms in order to lift Brazil from its deepest economic recession in decades.
This month, Congress sanctioned his proposal to limit growth of public spending for the next 20 years, clearing the way for votes on other measures. The pension system must be overhauled if the spending cap is to have real effect. In a news conference in Brasília, Temer said he expects Congress to swiftly approve his plans to ease the hiring of workers on temporary contracts, saying lawmakers have shown “strong support” to his agenda.
