Invoice seeks further credit score for Infraero, Correios and different state corporations

Invoice seeks further credit score for Infraero, Correios and different state corporations

The sending message is published in the Official Gazette (DOU)

The president Jair Bolsonaro forwarded to National Congress bill that opens R$ 113.3 million in credit supplement in the Investment Budget for state-owned Transportadora Brasileira Gasoduto Bolivia-Brasil SA (TBG), Companhia Docas do Pará (CDP), Brazilian Airport Infrastructure Company (Infraero) and Brazilian Post and Telegraph Company (ECT). The sending message is published in the Official Gazette (DOU).

The government does not detail the apportionment of the resource by the state-owned company, but, in a note, it explains that the reinforcement for TBG is intended to acquire packaging gas (Linepack), which is a necessary input for the operation of the gas pipeline. As for CDP, the funds intend to proceed with some investments aimed at the Port of Santarém, the Port of Vila do Conde, the Port Terminal of Outeiro and the Port of Itaituba.

For Infraero, the resource will serve to meet environmental conditions related to the construction work of the new passenger terminal at Macapá Airport, which has already been completed, but which awaits approval after meeting these conditions.

In the case of Correios (ECT), the budget increase will allow the exchange of part of the vehicles out of service, “as well as the installation of new service points, totaling an expansion, in 2022, of 100 new branches”.

CBTU Minas Gerais

Also in today’s Official Gazette, the government formalizes the submission to Congress of another bill aimed at opening a space credit of R$ 2 million in favor of Companhia de Trens Urbanos de Minas Gerais (CBTU-MG), a subsidiary company Companhia Brasileira de Trens Urbanos SA

“In view of the progress of the privatization process of Companhia Brasileira de Trens Urbanos SA, it is intended, through this special credit, to include the action “21EJ – Maintenance of the Passenger Metroferroviário System” in the Budget Law of 2022 (LOA 2022) , in order to enable the maintenance of investments for the execution of works and the acquisition of equipment for the improvement and recovery of roads and rolling stock; for the operationalization of trains, workshops and stations; preventive and corrective maintenance of the permanent way, rolling stock, systems and operational buildings; to maintain a minimum stock of spare and spare parts; and for the execution of works in operational buildings to ensure compliance with safety and reliability standards”, justifies the government in a note sent to the press.

ENBPar and INB

Bolsonaro also sent to the National Congress two bills to open special credit for Empresa Brasileira de Participações em Energia Nuclear e Binacional SA (ENBPar) and Indústrias Nucleares do Brasil SA (INB). The request for a budget increase for the two state-owned companies is in the DOU. Also today, the government published a decree to increase the share capital of ENBPar through Union shares in INB.

In the case of INB, the special credit will be R$ 26.5 million and, according to the General Secretariat of the Presidency of the Republic, explains in a note, the additional amount “aims to comply with the provisions of Provisional Measure No. 2022″, which authorizes the increase in the share capital of ENBpar through the contribution of shares that the Union holds in the share capital of INB. “In this way, ENBpar will take control of INB, which will integrate the investment budget”.

Regarding the reinforcement aimed at ENBpar, the project sent to parliamentarians opens special credit of R$ 6.3 million. However, this amount will also be shared with Banco do Nordeste do Brasil (BNB). The government does not say how much it will be for each state-owned company. “With regard to ENBpar, the credit aims to allow the acquisition of furniture necessary for its operation, as well as the performance of maintenance and adaptation services of IT assets, information and teleprocessing”, says the folder.

Estadão Content

Related post

Credit score Suisse-UBS merger: resolution or aggravation?

Credit score Suisse-UBS merger: resolution or aggravation?

Concerted action to save banks is a double-edged sword in financial markets. On the one hand, they provide security and peace…
UBS closes buy of Credit score Suisse for $3.2 billion

UBS closes buy of Credit score Suisse for $3.2…

UBS has agreed to assume up to $5.4 billion in losses in a merger engineered by Swiss authorities to avoid further…
BlackRock in talks to purchase Credit score Suisse, says newspaper

BlackRock in talks to purchase Credit score Suisse, says…

A blackrock is in negotiations for the purchase of Credit Suisse, in response to the liquidity crisis faced by the Swiss…

Leave a Reply

Your email address will not be published. Required fields are marked *