April 19, 2017 / 10:46 PM / 3 months ago

Brazil has little room for more pension reform concessions: Meirelles

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Brazil's Finance Minister Henrique Meireles in Brasilia, Brazil April 17, 2017.Ueslei Marcelino

WASHINGTON (Reuters) - Brazilian Finance Minster Henrique Meirelles said on Wednesday that there is little room for additional concessions to interest groups in a pension reform bill before Congress.

He said the reform is crucial to restoring confidence in Brazil's rebounding economy, which he forecast to grow 2.7 percent in the fourth quarter from a year earlier, during a news conference in Washington.

Reporting by Paul Simao; Editing by Chris Reese

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