Politics

The government’s plan to simplify privatizations

privatizations brazil
Photo: Cristino Martins/A-PA

One of the trademarks of the first year of the Jair Bolsonaro government has been its concerted push to encourage privatizations and public-service concessions, thus attracting more and more investment.

The administration’s latest move in this direction has been to submit a series of legislative proposals to the lower house to alter rules on public-service concessions and public-private partnerships—one of which is the creation of a new form of simplified concessions.

The model establishes a differentiated regime for concessions with a capital expenditure of less than BRL 50 million, allowing for simplified studies, online public consultations, and waiving the need for minimum grants or reference tariffs for auctions. The idea is to make it easier to carry out concessions for certain services, providing that there is competition.

The Infrastructure Development Secretary of the Economy Ministry, Diogo Mac Cord, said...

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