Brazil — Historical Events Description

Brazil flag
Brazil
Event
Privatization Program Law Updated
Category
Economic
Date
1997-09-09
Country
Brazil
Description

Brazil enacted Law No. 9,491, which revised procedures for the National Privatization Program. The law replaced earlier rules from 1990 and set updated mechanisms for how privatizations and asset transfers would be conducted under federal policy. It clarified institutional responsibilities and how the program would be executed within the federal administration.