Can't vote on pension reform should address biggest threat to public funds: Jair

Brazilian President Jair Bolsonaro said on Friday that the country cannot take all year to vote on pension reform and that continuing without addressing the biggest threat to the public finances could lead to economic chaos.

The Economy Ministry said last month that leaving the pension system as it is could trigger a deep recession starting in the second half of next year, culminating in the economy shrinking by 1.8 per cent in 2023.