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Financial News: BRAZIL: Sao Paulo State Governor Is One Step

BRAZIL: Sao Paulo State Governor Is One Step Closer To Bid For Presidency

03/21/2018 - 19:11:00 (RTTNews)

(RTTNews) - The PSDB has ratified the governor of Sao Paulo state and party chairman, Geraldo Alckmin, as a pre-candidate for the Presidency of the Republic in the October elections.

In a press conference, Alckmin said he would work to promote economic growth, employment, and income in Brazil.

He listed the tax and pension reforms, as well as reducing red tape and interest rates, as priorities. The governor of Sao Paulo also said that he would increase efforts in public security and social justice.

"Brazil has an important decision: on the one hand, to return to populism that has led to an unprecedented recession, with almost 13 million unemployed - a setback from a social and economic point of view - or to move forward, and that is our proposal," he stressed.

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