Analyzed statement

What Romeu Zema said about privatize companies and public services

About: privatize companies and public services

Romeu Zema: There were, yes, state pension funds and a state bank.

Romeu Zema: Which, with just those funds and the bank, resulted in a loss of around 15 to 18 billion reais, not counting the credit guarantee fund.

And in my administration in Minas, I sold stakes and privatized 118 companies.

Romeu Zema · 73:54

Romeu Zema: As the government progressed, we sold off the stakes; this year we privatized Copasa and only the energy company was left out, which I'm sure will also be a matter of time.

Romeu Zema: When privatization is well done, the consumer wins, because a private company has much more agility.

Why it was classified this way · 78% confidence

Claims to have privatized 118 companies during their administration.

Excerpt from a public video, transcribed and classified by AI. See the Methodology