Privatization of Petrobras? Bolsonaro wants and will evaluate with economic team

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“I already want to privatize Petrobras, I want to, I’ll see with the economic team what we can do,” said the president

The president Jair Bolsonaro he said on Thursday that he wants to privatize the Petrobras and that you will evaluate with the economic team what you can do, during an interview with Rádio Novas de Paz.

“I already want to privatize Petrobras, I want to, I’m going to see with the economic team what we can do, because, what happens? I can’t, it’s not control, I can’t better direct the price of fuel, but when it increases, it’s my fault. It increases the cooking gas, it’s my fault, despite having zeroed the federal tax,” said the president.

The statement comes after Economy Minister Paulo Guedes defended the day before that the government could sell shares in the state oil company at a time of stock appreciation to distribute part of the earnings to the most vulnerable population.

Petrobras preferred shares jumped after Bolsonaro’s comments, advancing 1.9% to 30.20 reais in morning trading.

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palheta smll Privatization of Petrobras? Bolsonaro wants and will evaluate with economic team

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