Last year, Economy Minister Paulo Guedes promised to lead the boldest privatizations plan in Brazilian history—selling off all 138 companies owned by the federal government. Then, in January, he pledged to raise BRL 20bn from said deals. But the goal will not be achieved—as privatizations need congressional approval, and the administration already has its plate full with the pension reform as it is. The bulk of the plan will be set into motion no earlier than 2021.
According to federal privatization secretary Salim Mattar, the process of setting up a privatization auction takes between 6 months and a year, in order to comply with federal law. Instead, Mr. Mattar defended a short-term divestment
In a year in which 239 new pesticides have been permitted in Brazil, in the face of local and international consumers protests, drones are arising as an alternative to maintain crops productivity while making more rational use of a controversial resource. https://t.co/7D2dlIhKGphttps://t.co/g7Mqz2B78L
The term “digital divide” was used it to describe the widening gap in access to information technology. In the 21th century, Brazilians are growing more and more connected to their smartphones. Yet, the divide is only becoming more apparent. https://t.co/sRno4nZSt3https://t.co/jtdnApp2M8