Finance Minister Miranda Sarmento said Wednesday the government has no plans to privatize any other public company besides TAP, declining to give terms and conditions for the carrier’s sale process.
Miranda Sarmento, who was heard this Wednesday in the Committee on Budget, Finance and Public Administration (Cofap) as part of the regulatory hearings, was questioned by deputies Rui Afonso do Chega and Bernardo Blanco da Il about the privatization of public companies and specifically TAP.
“We have no intention of revising the shareholdings at this time. [do Estado em empresas públicas]”,” the finance minister began by mentioning, stressing that this undertaking “may eventually be carried out,” but that at the moment, with the exception of TAP, “which the government intends to privatize,” there is no sign of “any other project of this kind.”
Regarding the TAP sale process, Miranda Sarmento refused to comply with the terms and conditions, stressing that it is part of the negotiation process and adding that privatization proceeds are not government revenues in national accounting – they cannot be used to deduct the government deficit.
Regarding TAP, he only said that “the government will make a decision in due course on the ‘timeframe’ and conditions for the privatization of the company.”
Author: Lusa
Source: CM Jornal
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