Bolsonaro tables government plans
BUENOS AIRES: Brazil’s new government will privatise 12 airports and four ports, a move which will help it earn $1.85 billion (R2.6 trillion), President Jair Bolsonaro says.
He said infrastructure will be developed “with investor confidence” and “in conditions favourable to the population”.
The government of the farright president, who took office on Tuesday, announced a liberal economic programme including a “minimal state,” privatisations, tax reduction and simplification.
The government is also planning a pension reform that will reduce inequality between retired people in Brazil, Economy Minister Paulo Guedes said on Wednesday.
The liberal economist heads a new “super-ministry” combining the previous portfolios of economy, planning, industry and commerce. |