RIO DE JANEIRO: Two of Brazil’s top executives overseeing privatisation efforts at state-run oil and electricity companies Petrobras and Eletrobras has stepped down, raising questions about the future of President Jair Bolsonaro’s asset sale programme.
Wilson Ferreira Jr, the chief executive of state-run power firm Centrais Eletricas Brasileiras, or Eletrobras, resigned, saying he had lost faith that there was the necessary political support for the privatisation drive.
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