Guedes Vows to Proceed With Major Privatizations Next Year

According to the minister, the privatization target of R$80 billion (US$20 billion) for this year has already been virtually achieved. The largest sales, however, are expected for next year.

RIO DE JANEIRO, BRAZIL - Economy Minister Paulo Guedes said he will create a "fast track" system to accelerate privatizations next year. The statement was given at a press conference for foreign correspondents at the ministry office in Subscribe to our Premium Membership Plan. Already Subscribed?