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Secretary Reiterates: Bolsonaro Government Will Not Privatize Petrobras, Caixa or Banco do Brasil

RIO DE JANEIRO, BRAZIL - The Special Secretary of Privatization, Disinvestment and Markets of the Ministry of Finance, Salim Mattar, reiterated yesterday, October 11th, during the Brazil 2019 Investment Forum, that Banco do Brasil, Caixa Econômica Federal and Petrobras will not be privatized under the government of President Jair Bolsonaro.

"In my term of office, there is no mention of the privatization of Petrobras, nor of Caixa, nor of Banco do Brasil. These companies will not be sold," he said.

The government's plan, he said, is to privatize all 637 state-owned companies, but some of them will be . . .

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