August 30, 2021 |
Brazil's Economy Minister Paulo Guedes faces an uphill struggle to push through economic reforms ahead of national elections in October next year, hampered by an atmosphere of political polarization in Brasília, according to local investors and analysts.
President Jair Bolsonaro has fanned the flames of confrontation between the executive power and the judiciary as some financial indicators have deteriorated. In an unprecedented move earlier this month, Bolsonaro called for the impeachment of a
Economy Minister Paulo Guedes tries to inject some optimism, but his credibility is low, investors and analysts say