November 20, 2018 / 4:23 PM / 5 months ago

Brazil to create privatizations secretariat -incoming minister

BRASILIA, Nov 20 (Reuters) - Brazil will establish a privatizations secretariat under far-right president-elect Jair Bolsonaro, future Economy Minister Paulo Guedes told reporters on Tuesday.

Guedes did not specify whether the secretariat would report to any cabinet minister or be autonomous. He added that Bolsonaro has not yet made a decision on who will head state-controlled bank Banco do Brasil SA. (Reporting by Matheus Maia; Writing by Bruno Federowski Editing by Chizu Nomiyama)

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