Yusseff Abrahim – from Cenarium Magazine
BRASILIA – With the departure of General Joaquim Silva e Luna from the command of Petrobras, after a management marked by historical records of fuel increases for Brazilians, President Jair Bolsonaro announced the nomination of economist Adriano Pires as the new president of the state-owned company.
Pires is an economist with a name that has been very present for two decades in the Brazilian press through his articles (today in Estadão and Poder 360) defending privatizations, in addition to acting as a consultant for large oil and gas companies, as indicated in a report by the Intercept last December.
In this last year of government, with voting intentions stagnant at 26% and shaken by accusations of corruption, Bolsonaro seems to be a politically inexpensive president who has no political costs to pay to realize an old dream of the high business community: the privatization of the largest Brazilian state-owned company.
In one of his articles published by Poder 360, Adriano Pires did not mince words to say that although there are alternatives for lowering and stabilizing fuel prices, he prefers to defend a bitter measure.
“The definitive solution will only come with the privatization of Petrobras. As long as the company is a mixed economy, with the state as controller, its corporate benefits and monopolistic practices will be maintained in favor of the corporation and, many times, against the interests of Brazil.”
President Jair Bolsonaro’s choice will still need to be validated by the state-owned company’s General Assembly, scheduled for April 13.
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