"This
is a setback for Brazil, that we sell a bank like Caixa, which is the
operator of many social programs and infrastructure credit," a
Workers Party leader said.
The
president of the Workers Party of Brazil denounced the government's
attempt to privatize one of the largest banks in the country, Caixa
Economica Federal.
In what
would be a first step toward ultimately selling the bank to private
interests, the government of Michel Temer seeks to change the status
of the bank through an internal decision that would make its
privatization legal, according to Senator Gleisi Hoffmann from the
Worker's Party, or PT.
The workers
of Caixa have also announced they will mobilize if the government
doesn't assure the bank will remain 100 percent public.
"Caixa
has been one of the most important assets for the people, for being
the main supporter of social policies of the Brazilian government,"
Fabiana Uehara from the Financial Workers Union said. "It has
helped mainly the poorest have access to credit, housing, education,
health, and social security," she added.
Hoffman gave
a press conference with the president of the Caixa Workers Union Jair
Pedro Ferreira and the former president of the institution Pedro
Eugênio.
"This
is a setback for Brazil, that we sell a bank like Caixa, which is the
operator of many social programs and also in the area of
infrastructure credit," Hoffman said. "We are very
concerned with this possibility."
Hoffman said
the Senate had previously approved a law to protect Caixa from the
privatization process. "We want to call for a mobilization
with our senators and lawmakers in support of Caixa."
Temer has
said 57 public companies and airport terminals will be privatized,
with the objective of reducing the country's fiscal deficit which
amounts to nearly US$500 billion.
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