Power lines connecting pylons of high-tension electricity are seen during sunrise near Brasilia, Brazil August 29, 2018. Picture taken August 29, 2018. REUTERS/Ueslei Marcelino/File Photo
The Bolsonaro administration expects to raise about 25 billion reais from the share sale. The proceeds will go to the Treasury to pay for the renewal of concessions for Eletrobras hydroelectric plants and transmission lines.The privatization bill passed by a vote of 258 votes in favor, 136 opposed and five abstentions.
Yes, privatize it. There is no ulterior motive here. Politicians aren't being bought out.
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