Brazil has natural wealth that must serve as a foundation for economic restructuring. The largest treasure of them is located in the pre-salt, amid extensive kilometers of oil areas along the Brazilian maritime coast.
Through the discoveries of oil reserves, the country has the chance to walk towards a historical development, which should provide Brazilians with a reduction in fiscal deficit, poverty reduction and employment and income generation.
For some years, although slowly, it was believed that Brazil took its first steps on the path of this long road. However, through the stumbling of corruption scandals in Petrobras — a key company for this development in conjunction with the discovery of pre-salt — the vast investment in the sector has become a multiplicity of sales and Privatizations to the private initiative for fiscal equilibrium.
The country, which today is one of the largest oil producers in the world and, still, achieves strategic front position to the large global demand, in setback, is held hostage by imports due to the lack of government investments for the policy of refineries and technology in Sector.
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