About two months after President Luiz Inácio Lula da Silva (PT) took office, the Federal Audit Court made an essential move on privatizations in the country: it authorized the privatization of the ports of São Sebastião, on the northern coast of the state of São Paulo, and Itajaí, in Santa Catarina.
The authority made changes to the proposals, such as the exclusion from the call for tenders of the requirement to charge a monitoring fee and a linked account to receive the revenue from the sale of the ports, as well as establishing the need for . . .
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