With one month remaining before Brazil’s President Michel Temer term of office comes to an end, the country’s leader is seeking to drive his vast privatization package as far as possible, which will impact no less than 75 state, federal, and local entities (federal states and municipalities).
The government’s privatization plan ‘Avançar Parceria’ (Moving forward in partnership) presented in August 2017 and advocated during the annual economic forum at Davos in January 2018 intends to transfer a broad spectrum of business activities including utilities (water, gas, electricity), ports, airports, roads and urban train transport into private hands via both privatizations and concessions. Several state banks as well as Brazil’s mint, the Casa da Moeda do Brasil (prints money and...
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