Brazil: Bolsonaro government sold a total of US$145 million worth of real estate

Economy Minister Paulo Guedes said then that he wanted to sell R$1 trillion (US$212 billion) worth of union property. The amount sold is less than one thousandth of the estimate.

RIO DE JANEIRO, BRAZIL -  Since the current government of Jair Bolsonaro (PL) took office in 2019, 211 Union properties with a total value of R$675.9 million (US$145 million) have been sold. This gives an average of R$205.4 million per year, excluding 2022, which is still ongoing.

Compared to previous presidents Michel Temer (MDB) and Dilma Rousseff (PT), this is a 93% increase. And it coincides with what Bolsonaro (PL) and his Economy Minister Paulo Guedes said during the election campaign, albeit on a much smaller scale.

Guedes said then that he wanted to sell R . . .

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