Investment Partnership Program
Organizations criticize bill altering the legal framework for public-private partnerships in Brazil
The Federal Senate is scheduled to vote today on Provisional Executive Order 727/2016, which creates the Investment Partnership Program. Approved by the Lower House of Congress on August 30, the bill makes sweeping changes to the legal framework for public-private partnerships in Brazil and is considered a national priority by the current government.
In a public statement, 63 Brazilian organizations, among them Conectas, claim that the bill was passed by the National Congress too quickly and without due transparency and participation by Brazilian civil society.
The organizations also point out that the Investment Partnership Program would regulate infrastructure projects and privatizations “without any effective guarantees of transparency, public participation or environmental and social protection”. Additionally, they identified serious problems with the bill’s financing model and the violation of economic, social and cultural guarantees.
As an alternative, the organizations propose that the senators present at today’s session of the house “convene a democratic debate, with the participation of civil society, prioritizing the goals of safeguarding public property and sustainable development, in order to avoid a repetition of the serious errors of wasting public money, corruption schemes and environmental and social rights violations.”
- Click here to read the statement in full.
