The Government Estimates To Raise R$ 50 Billion With The Privatization Of Eletrobras
The Federal Government delivered yesterday, Tuesday (23), Provisional Measures (MP) to the National Congress to accelerate the privatization of Eletrobras. The text stipulates that the government can reserve the right to veto decisions of state-owned companies through preferred shares. President Bolsonaro was with the Minister of Economy, Paulo Guedes, and the Minister of Mines and Energy, Bento Albuquerque.
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President Jair Bolsonaro, who last week announced changes in Petrobras’ leadership and said he would “get involved in electricity, which is another problem too,” says, “So, the Chamber and the Senate will give due urgency to the matter, especially since it is a provisional measure. And our privatization agenda, this MP does not address that nowadays, but our privatization agenda continues at full steam. And we do want to streamline the State, reduce its size, so that our economy can provide the satisfaction, give the answer that society needs.”
The document was delivered to the President of the Senate, Rodrigo Pacheco, and the President of the Chamber of Deputies, Arthur Lira. Lira stated that he intends to decide on the text at the plenary meeting of the Chamber of Deputies next week.
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“The first step of what we can call a ‘Brazil Agenda.’ Privatizations, discussions, capitalizations, investments, the agenda that will move forward in Congress with the reforms. We will fulfill our role with unity, above all, respect for the other powers and harmony. This is what Brazil needs to unlock the agendas this year,” concluded Arthur Lira.
The Minister of Mines and Energy, Bento Albuquerque, already on his way out of Congress, declared, “This is a very important advance for Brazil. I believe that today is a day we must celebrate that the national electricity sector will finally have the treatment it deserves. In terms of investment, in terms of competitiveness, around job and income generation. More than 130 thousand jobs will be created each year due to this measure.”

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