Analyzed statement

What Kim Kataguiri said about sell part of Sabesp's shares through a follow-on

Kim Kataguiri

Kim Kataguiri

December 15, 2020

View profile →

Neutral

About: sell part of Sabesp's shares through a follow-on

Kim Kataguiri: I want to say here first, and to once again reinforce my congratulations to Deputies Pedro Paulo and Mauro Benevides, from different ideological camps, but who came together for this project which is

Desconhecido: one

of the most important since the vote approving the pension reform. There is a provision, as has been stated, for the State to sell shares of state-owned companies, for cuts in tax waivers, tax exemptions, the infamous Bolsa Lobista. Today Brazilians pay R$330 billion per year in these tax exemptions.

Kim Kataguiri · 0:25

Kim Kataguiri: Payment auctions for debts: in a regular auction you decide, you sell to the one who offers the highest price. In a payment auction the logic is the opposite. The one who offers the greatest discount on his receivable is the one who receives payment from the government. In other words, a saving of the taxpayer's money. An auction in which the one who agrees to receive less is paid sooner. Good for the recipient, who is paid by a State that is slow to pay, and good for the taxpayer who sees the debt paid with his money being reduced.

Kim Kataguiri: Unfortunately, even so, despite the agreement, we had, we had speeches opposing the project,

Why it was classified this way · 82% confidence

reports that the project provides for the sale of shares by the State, without explicit support in this sentence.

Excerpt from a public video, transcribed and classified by AI. See the Methodology