Brazil's economy chief Guedes denies report he will quit

Reuters

Published Oct 07, 2019 05:58PM ET

Brazil's economy chief Guedes denies report he will quit

BRASILIA (Reuters) - Brazil's Economy Minister Paulo Guedes said on Monday there was absolutely no basis for reports he plans to leave President Jair Bolsonaro's cabinet early next year, after a landmark overhaul of the country's pension system has cleared Congress.

Earlier on Monday, newspaper Diario da Amazonia reported Guedes would leave in February, once the fiscally crucial social security overhaul passes Congress and his tax reform proposals gain momentum.

"There is zero basis for that report," Guedes told Reuters.