Brazil senate approves pension reform in first-round vote after savings hit

Brazil’s Senate on Wednesday approved a landmark pension reform bill in a first round of voting, in a relief for far-right President Jair Bolsonaro, although senators voted down an amendment in a move that dilutes the reform’s projected savings.

The bill will now pass to a second and final voting round. Senate President David Alcolumbre said the process is likely to be completed by Oct. 10, or perhaps slightly later in the month.

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