The administration of Brazilian President Jair Bolsonaro will launch a four-point program later this month designed to reduce regulatory and labor costs, Labor Secretary Carlos da Costa said in an interview Wednesday.
“Brazil’s private sector would be much more productive if it were not tied down by red tape,” Da Costa said in an interview with the Estado news agency. He said the government will attack the problem on four fronts: reduction and simplification of government bureaucracy, especially in relation to employment; promotion of technical training for workers; a sharp reduction in regulatory demands from government agencies; and increased use of online facilities for businesses and consumers in dealing with the government. Da Costa said the effort to streamline paperwork and regulation was in line with “best practices” as adopted by the Organization for Economic Cooperation and Development (OECD). Brazil has applied for membership in the OECD.
Link to Estado news agency report.More Testimonials