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Mercados

Brazil economy staging solid 'V-shaped' recovery, job growth strong - Guedes

BRASILIA, Oct 29 (Reuters) - Brazil’s economy is undergoing a strong ‘V-shaped’ recovery marked by very strong job growth, Economy Minister Paulo Guedes said on Thursday, adding that he is confident that Congress will continue to support the government’s economic reform agenda.

In public testimony to a congressional COVID-19 committee, Guedes also said welfare programs will be reduced as the pandemic recedes and that the government must return to fiscal responsibility next year. (Reporting by Jamie McGeever; Editing by Alison Williams)

Nuestros Estándares: Los principios Thomson Reuters.

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