Eletrobras's denationalization continues in discussion

The new president of the BNDES (National Bank for Economic and Social development), Joaquim Levy, said that the privatization of Eletrobras continues in discussion, but the bank will "support the policy that is set." Despite the air of Indefinition, Levy stated that the situation of the sale of other state is already defined: "Privatization of State electric power companies has been dragging for 20 years and today is a theme solved," he said.

The statements were made by Joaquim Levy during a press conference after the inauguration ceremony to assume the position in the bank. The president of the BNDES defended the denationalization of companies as an exit "faced with fiscal challenges in many states". However, he promised to support the decisions taken by state governments regarding the privatization of their public companies. In Rio de Janeiro, for example, Governor Wilson Witzel has proved contrary to the denationalization of Cedae.

After Levy's inauguration, new names should be announced shortly to the bank's board of directors. Without making citations, the president of the BNDES said that there is the possibility of keeping some executives nominated in the government of former president Michel Temer in certain positions. All the names that will compose the new bank administration will be revealed together. However, they still depend on the approval of the Civil house, according to Levy.

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