Brazil Coverage Mar 19-20
BCB continues to hold policy rate at 6.50%, as expectedBolsonaro delivers proposal for military, net savings to be BRL 10.5bn
Govt could face legal disputes if pension reform approved
Energy tariffs to fall 3.7% y/y in ‘19 and 1.2% in ‘20 after agreement
Fitch trims GDP growth forecast by 0.1pp to 2.1% for 2019
CCJC to vote on admissibility of pension reform on Apr 3 - head
Bolsonaro says GDP to grow 3.3% in 2023 if pension reform is approved
Trump promises to support Brazil’s entry into OECD, calls for major alliance
Maia suspends work on anti-crime bill to focus on pension reform
Military pension reform savings slashed to BRL 13bn over ten years - Mourao
BCB to keep Selic rate at its meeting on Wed.
Marinho suggests military pension reform savings could be reduced
PSDB leans toward backing pension reform – Party leader Alckmin
Govt is still adjusting military pension reform proposal – EconMin Guedes
Govt's positive rating falls 3pps m/m to 37% in March, 64% back pension reform
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