Brazil plans to privatize or liquidate 100 state-run companies
The Brazilian government plans to privatize or liquidate some 100 state-run companies, reflecting the new administration’s drive to reduce the size of the state, Infrastructure Minister Tarcisio Freitas said on Tuesday.
Freitas also said in a radio interview that the right-wing government of President Jair Bolsonaro, inaugurated on Jan. 1, is considering awarding licenses for private-sector firms to build and operate 5,600 kilometers of new toll roads and bid again on 4,000 kilometers of existing toll roads.
By Reuters Staff