New York — Brazil’s President Michel Temer says he has the support needed to govern and pass reforms as a political crisis threatens to derail his government’s agenda, jeopardising a fragile economy. "No party has told me they are not going to support reforms," Temer said in an interview with a group of foreign journalists, including Bloomberg, in São Paulo. "Resolving the pension deficit is fundamental." Policy-makers were close to securing the votes needed to pass a crucial but unpopular pension overhaul in the lower house before the latest scandal broke. Less than two weeks ago, allegations that Temer sought to obstruct justice and turned a blind eye to corruption roiled Brazil, prompting a market sell-off. Since then, the government has sought to project an image of business as usual. Amid significant threats to his mandate, and widespread media speculation about a possible successor, the president gave numerous interviews on Monday insisting he is not on his way out.
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