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.
“2021 will be the year of privatizations in Brazil,” says Sachsida.
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