Record R$18.5 Billion Deficit in Brazilian State-Owned Enterprises Under Lula's Third Term
Brazilian state-owned enterprises report a historic R$18.5 billion primary deficit under Lula's third term, driven mainly by Correios' financial crisis.
Brazilian state-owned enterprises report a historic R$18.5 billion primary deficit under Lula's third term, driven mainly by Correios' financial crisis.
Brazil faces mounting losses in federal state-owned enterprises, prompting a heated debate over privatization versus restructuring.