helena: journalist sam cowie in sao paulo. thank you very much. sam: thank you.elena: bolsonaro has pledged to kickstart brazil's economy. he is promising to emulate u.s. president donald trump by putting national interests first and promoting the private sector. that is easier said than done. as the country grapples with soaring debt. for the new finance minister, there will be plenty of challenges. reporter: this is paulo guedes, the man in charge of turning brazil's economic fortunes around. a u.s.-trained economist, he has pledged to introduce a host of free market reforms. here he is back in october telling the media about his plans to boost investment by lowering interest rates and reducing bureaucracy. he also wants to sell off state enterprises in order to reduce public debt, which skyrocketed during the previous administration. so just how big of a challenge will that be? let's s take a look at the numberers. back in 2014, brazil's government debt amounted to 58% of total economic output. by 2018 it had surged to 76%. the world bank has warned that the f

let's bring in journalist sam cowie he's been following the story for us from sao paulo sam good to have you with us so jarba also now it has now taken office what are his first steps and one of the challenges that he's facing. well he faces many challenges of course because despite being a popular president he's also a divisive president so he will face challenges particularly in congress which is very fractured. way but will also face opposition. first of all we've seen mr bowles on our has in fact given responsibility demarcation of indigenous lands he has given that now to the agriculture ministry which some critics say is a little bit. proceeding the fox is in charge of the hanes house so that's one of the things that happened straight away that was something that he's allies in the agricultural. school because we're very keen to happen it seems that he will move to loosen gun ownership for citizens that was on the. other big pledge of his campaign the most important thing that he does that most people agree on the left and on the right is some kind of pension reform and that seems

and journalist cowie has been following this story for us from brazil's biggest city south palo sam how shop departure will both sinatras president see likely be for brazil. well brazil will undoubtedly face a very hard line conservative shift and this is something that be brewing for a while now. you've had in the last four years essentially you've had man with corruption scandals that have tainted all of the big brazilian policies you've had rising violence you had a you know they had coming recession would haul at unemployment which you have to consider doing at the moment and so in this vacuum oh kind of you know hands here stablished. you know because of the corruption scandals except you see mr colson all right he's basically he's risen in this vacuum has been left as the traditional policies in brazil on the left and on the right had become embroiled in these corruption scandals and he swept to victory you know promising corruption and tackle rising crime etc now reality stalls and whether he's going to be able to put things into practice with a very fractured congress remains to