Guedes defends the advance of privatizations even under the “risk of losing support from the center”

Guedes defends the advance of privatizations even under the “risk of losing support from the center”

Economy Minister Paulo Guedes reinforced the importance of advancing the privatization agenda. Among the factors supporting the privatization program proposed by the economic team at the beginning of the government, he cited Petrobras’ risk in the midst of the global transition to sustainable economies and the voter who voted for President Jair Bolsonaro for a liberal economy.

“We have to move forward with our program, even at the risk of losing support from the center. If we don’t privatize, don’t sell, people will wonder why vote. To stay still as it always was? We have to continue with our agenda”, he argued at an event of the Special Secretariat for Privatization, Divestment and Markets, this Wednesday (1).

“Petrobras is at risk: in 10, 15 years the world will make the transition away from oil, it will leave with the electric car and that will disappear”, he added.

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Guedes also defended that privatization funds, as well as those from the sale of real estate and receivables, should be allocated to the social fund for the eradication of poverty. According to him, the Brazilian State is the “largest real estate company on the planet”.

“The Brazilian state cannot be rich with R$1.2 trillion in real estate. […] At the same time, we have R$800 billion from our state-owned companies. So, we have R$ 2 trillion in assets and people are eating bones. There’s something wrong,” he criticized.

Along these lines, the minister stated that he is already in conversation with President Bolsonaro so that the next government has a Ministry of Union Heritage. , R$ 2 tri in receivables. An incalculable fortune and the miserable people. There is something called the Poverty Eradication Fund. Let’s kick these assets to the bottom”, he defended.

Reference: CNN Brasil