Tarcisio: So, I think we have some evidence to show: privatization works.
Tarcisio: There are things the private sector does much better than the State, and it really does; the State has to be the regulator.
And we also strengthened the regulatory agencies, so as not to let what happens in some agencies happen.
Tarcisio: So, in this strengthening of the regulatory framework, today we have more... criteria for choosing leadership, we have agencies that have budgetary and financial autonomy, we equipped these regulatory agencies so that we can carry out good regulation.
Tarcisio: And good regulation brings confidence to the investor, and that's why an investment partnership program we launched two years ago — and at that time we had the ambition to contract 220 billion reais of private investment — has already reached... Now, in November of this year, almost 380 billion reais of private investment contracted.