After the results of the elections this Sunday, elected President Jair Bolsonaro (Social Liberal Party, PSL) addressed the Brazilian people on television. In his government, he will seek to reduce the Federal government’s structure and simplify bureaucracy, as well as to eliminate waste in public spending and political privileges. He will aim at stopping the growth of debt and make public deficit and interest rates drop
The results of the Brazilian Presidential elections on October 2018 confirmed the victory of Jair Bolsonaro, who will be in government from January 1st, 2019 to 2022. The candidate of the Liberal Social Party (PSL) won 55.13% of the valid votes (57.7 million) against his opponent Fernando Haddad, of the Workers’ Party (PT), who obtained 44.87% of the valid votes (47 million).