Can 2021 still be the ‘year of privatizations’ in Brazil?

Private sector investment led to a Q1 GDP surge, with drought and energy shortages the main threat to economic revival.

Bankers and investors have been promised that the Brazilian government will ensure a strong pipeline of privatizations and concessions in the second half of this year, according to Adolfo Sachsida, Brazil’s secretary of economic policy.

Sachsida, speaking to Euromoney on the virtual sidelines of the Brazil Investment Forum, said the government was committed to passing legislation that would bring the state monopolies for electricity generation (Eletrobras) and the post service (Correios) to the market this year.

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