'I want to privatize Petrobras,' says Bolsonaro amid rising fuel prices

The President also stated that, despite taking the blame for the increase in values, he cannot interfere in Petrobras’ pricing policy without committing a crime of responsibility

ANTONIO MOLINA/FOTOARENA/ESTADÃO CONTENT – 10/07/2021 Jair Bolsonaro’s statement comes a day after the Chamber of Deputies approved the base text of the bill that changes the ICMS rule

Amid the rise in the price of fuels and the cooking gas, the president Jair Bolsonaro (no party) stated on Thursday, 14, that he wanted to privatize the Petrobras. The Chief Executive, during an interview with Evangelical radio “News of Peace“, from Pernambuco, said that, despite taking the blame for the increase in values, he cannot interfere in Petrobras’ pricing policy without committing a crime of responsibility. “Can I interfere with Petrobras? I can, but I shouldn’t. If you interfere, I’ll answer for the crime of responsibility. Can I lower the price at the pump to R$ 3? I can, but it is a crime of responsibility”, justified Bolsonaro, who went on to say that the price of fuel “has always been high”.

“It’s very easy: increased gas, Bolsonaro’s fault. I already want to privatize Petrobras. I feel like it. I will see with the economic team what we can do. What happens? I can’t better target the price of fuel. But when it increases, it’s my fault. Turn up the cooking gas, it’s my fault. Despite having zeroed the federal tax, something that doesn’t happen there on the part of the governors”, criticized the president. Bolsonaro’s declaration comes one day after the Chamber of Deputies approve the base text of the project that changes the rule of ICMS. The new guideline is that the value is applied to the average price of the last two years, in what is seen as a way to make gasoline, for example, cheaper, which costs more than R$7 per liter in some states.

On live last Thursday, 7, the president admitted that the bill brought to the Chamber was not what his government wanted. “Lira is going to put our project to a vote, but it has been significantly modified. Lira has no power to decide what will be voted on there. He is the owner of the agenda, but what will be decided, what will be voted on is not what many people want”, he said. This Thursday, the president of the Chamber, deputy Arthur Lira (PP-AL), used its social networks to charge Petrobras after the House approved changes in the ICMS charge. “The Chamber took the 1st step to contain the rise in fuel prices. We changed the incidence of ICMS. We did our part and gave an answer to Brazil. Now, we wait for Petrobras. May gas and fuels be lighter in the tight pockets of Brazilians,” wrote Lira.

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