RIO DE JANEIRO (Reuters) – Brazilian Economy Minister Paulo Guedes on Wednesday said that President Jair Bolsonaro would continue privatizing state companies if reelected in October.
Speaking at an event promoted by businessmen in Rio de Janeiro, he also said that a new Bolsonaro term would decrease public spending as a proportion of GDP to 15% or 16 from a previous forecast of 18% for the end of this year.
(Reporting by Rodrigo Viga Gaier; Writing by Marcela Ayres; Editing by Mark Porter)