Draft bill approved for Eletrobras sale
Brazil power-plant
The text of the draft, passed in a 203-123 vote, will be modified next week before moving to the Senate for approval.
The vote comes just over a week after Supreme Court Justice Ricardo Lewandowski issued a ruling that Congress must sanction the sale of stakes in government-owned companies.
The government’s divestment of the Eletrobras subsidiaries was initiated by President Michel Temer’s administration and is expected to raise USD 3.2 billion.
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