Brazil could sell Sao Paulo and Rio airports: interim president

13 Jul, 2016

Brazil's government will consider selling airports in Sao Paulo and Rio to help to reduce a large fiscal deficit next year, interim President Michel Temer told the Folha de S.Paulo newspaper on Sunday.
The paper said that the previous government's objections to a potential sale of the Santos Dumont airport in Rio and Congonhas airport in Sao Paulo are not echoed by Temer, nor the government's economic team.
"It is possible that we end up selling them... It would give us a good sum," Temer was quoted as saying.
Congonhas is the second-largest airport in Sao Paulo behind Guarulhos, which has already been sold to private investors.

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