Eletrobras Privatization – Bolsonaro and MME Minister Forward MP to Congress to Accelerate the Process

Written by Roberta Souza

Published on 24/02/2021 at 23:01

Eletrobras

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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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Eletrobras Privatization – Bolsonaro and MME Minister Forward MP to Congress to Accelerate the Process

The Government Estimates To Raise R$ 50 Billion With The Privatization Of Eletrobras

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Eletrobras Privatization – Bolsonaro and MME Minister Forward MP to Congress to Accelerate the Process

The Government Estimates To Raise R$ 50 Billion With The Privatization Of Eletrobras

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China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

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