Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Brazil's Bolsonaro pledges privatizations if re-elected; mum on Petrobras

FILE PHOTO: Brazil's President Jair Bolsonaro speaks during a poultry and pork event in Sao Paulo, Brazil August 9, 2022. REUTERS/Carla Carniel

Brazil's President Jair Bolsonaro did not mention privatizing state-controlled oil company Petrobras in his re-election plan released on Wednesday that promises to continue pursuing policies that reduce the size of the state.

"The government ... will proceed with reordering the state's role in the economy, through privatization and divestment of state-owned companies, to focus on state participation in essential activities and in promoting Brazil's economic, social and sustainable development," the plan said.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.