BRASÍLIA (Reuters) – Former Brazilian President Luiz Inácio Lula da Silva stated on Thursday he would search to strengthen state-owned corporations equivalent to energy firm Eletrobras and postal service Correios if elected, doubtlessly complicating present plans to denationalise the enterprises.
The Bolsonaro authorities desires to denationalise Eletrobras and Correios however the transfer has been repeatedly delayed.
Lula, in an interview with Radio Progresso, stated he believes the state ought to preserve a robust hand in sure strategic sectors, however that he doesn’t assist widespread nationalization of already non-public enterprises.
Once once more, Lula – who presently leads within the polls forward of an October election – criticized the gasoline coverage of state-controlled oil firm Petrobras which mirror worldwide costs. Prices in Brazil have surged as a result of rising worth of gasoline on worldwide markets and a weakening actual.
“I do know the market is nervous,” he stated. “But we’re going to ‘Brazilianize’ the value of gasoline. The worth will probably be Brazilian as a result of the funding is made in actual,” he added referring to Brazil’s foreign money. Lula has beforehand stated he desires to cut back the native price of gasoline and disconnect it from worldwide greenback costs.
The former president stated he will announce whether or not he will run by mid-March.
(Reporting by Lisandra Paraguassu; Writing by Ana Mano; Editing by Kirsten Donovan)
