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Bolsonaro speeds up Petrobras privatization and exposes Brazil to fuel increases

On Monday, October 3, Petrobras completed 69 years amid a process of dismantling, according to a survey by the Intersyndicate Department of Statistics and Socioeconomic Studies (Dieese).

This dismantling is caused by serial sales of part of the company's assets, which were intensified during the government of President Jair Bolsonaro (Liberal Party - PL).

The organ raised that from 2013 to August 2022 (nine years), Petrobras sold 94 assets (80 in Brazil and 14 abroad), totaling US$59.8 billion.

Only during Bolsonaro's government, between January 2019 and August this year, 63 assets were sold, 67% of the total . . .

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