Week of August 28

BRAZIL POLITICS - Report 28 Aug 2017 by Murillo de Aragão and Cristiano Noronha

President Michel Temer travels to China to take part in the BRICS Summit and meetings with authorities and investors. The government will send the 2018 Budget to Congress by Thursday, August 31. In the Lower House, a new effort to vote on Political Reform. The Senate holds confirmation hearings for two Central Bank appointees. The Joint Budget Committee tries to vote on the new fiscal targets for 2017 and 2018.

This week’s Talking Points:
• Lower House: Pessimism regarding Pension Reform
• Rapporteur presents proposal for Tax Reform
• An unpredictable reform
• PSDB: Aécio retreats and moves toward Tasso Jereissati
• Potential candidates engaged in political maneuvering
• Amazonino Mendes wins in Amazonas

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