Brazil: Jair Bolsonaro confirms future pension reform

New Brazilian President Jair Bolsonaro confirmed on Thursday his intention to implement a pension reform, emphasizing in a TV interview that "everyone should give a little" for the project to work.

The goal is to raise the statutory age of retirement to 62 for men and 57 for women, he added in an interview to SBT TV on Thursday, saying it is would probably support the reform project inherited from the previous administration and currently under debate in Congress.

The leader of the Brazilian far right also promised not to reinstate tax on financial movements and announced that he wanted to boost labor law reforms. The Brazilian labor code is too heavy, he said, and offers "excessive protection" to employees.

Earlier in the day, Bolsonaro's adviser and secretary general of the new government, Onyx Lorenzoni, promised an ambitious pension reform project.

On issues related to insecurity, Jair Bolsonaro said he was still working on a decree that would facilitate the purchase of firearms.
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