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Two-thirds of federal statehoods to be reduced in four years

Privatization

Value raised from sales can be used to reduce public debt

Salim Mattar, the Special Secretary for Privatization and Dissemination of the Ministry of Economy, said on Friday (14/6) that in the next four years the number of state-owned companies should be reduced by at least two-thirds. Brazil has 134 control companies of the Union.

"Our mission is to reduce the state gigantism that is obese, slow, bureaucratic and costly to the taxpayer, suffocating the citizen and private initiative," he said in a speech at the Business Connection in Nova Lima . 

The secretary said that modeling for the privatization of state-owned enterprises is under study. "In four years we must reduce the number of state-owned companies. They should be closed, cast, sold, "he said.

Mattar also showed that, in addition to the state-owned companies, the country holds more than 750 thousand properties. According to him, the value obtained from the sale of these assets (state and real estate) can be used to reduce the federal public debt, which is currently around R $ 3.8 trillion.

"We will reduce debt through the sale of assets. Have confidence. There will be a lot of positive change in Brazil. Let's reduce the gigantism of the state, "he concluded.