It doesn’t matter how bottom you fall but how fast you rise. Felipe Montoro Jens, a financial expert, explains how Brazil has hit hard economic times, the path the governments choose to follow to revamp the state and the future of Brazil. There was a strong identity prevailed the 20th century, but the state slowly changed due to political temperatures.
National Confederation of Industry puts it that the response to investment demands Brazil had to modernize its sectors. Following the huge debt, the state was struggling with the privatization began which birthed the National Privatization Program in 1990. The government would propose the sectors that needed privatization such as aeronautical, petrochemical and steel industries. The 1995 Concessions Law determined the transport, telecommunication, banking corporations and sanitation as the priority.
Over the years the country has traded favorably and even improved in their infrastructural systems thanks to privatization reforms. Going forward, the Public-Private Partnership Act of 2004 received an affirmative stamping from the government. In 2008, a long-term plan was established to address the dilemma in private capitalization; first, the Fixed Telephone Service had to be globalized.
About Felipe Montoro Jens
Mr. Jens is the Chief Financial Officer of Odebrecht Participaes e Investimentos, a company that deals with financial planning, controlling, treasury management and corporate governance. It has operations in South Africa, Singapore, and the United Kingdom. He concurrently is the Chief Executive Officer of Energipar Captação. He has worked with several esteemed institutions including Terna which outsources PricewaterhouseCoopers for consulting and audit duties.
Felipe Montoro Jens is an alumnus of Fundao Getilo Vargas and later the great American Garvin School where he obtained an International Management Master Degree. He is a prominent Financial and Management expert incognito by the Brazillian National Bank for Economic and Social Development. Other than these, he has vast knowledge in Infrastructure.