The growth of the Brazil economy

Brazil is a country whose identity has been felt in South America. Felipe Montoro Jens states that the presence became a further highlight in the 20th century. Brazil’s participation in the infrastructure was a necessity in order to achieve modernization. This was one way the country was meeting their demands in investment.

Felipe further discusses how this development took place. In 1990, soon after the program for privatization began, the government came up with platforms for economic reforms. The industries covered included aeronautical and steel among others. The transportation, banking, electricity, and sanitation industries were established as priority privatizations in the mid-1990s. The Public Private Partnerships Act was later approved and the telecommunication led the industries in being the first industry to be privately owned.

Before private capitalization, it was not an easy task to know the guidelines that governed any new businesses. One could also not predict how competition would turn out if any big decision was to be made. The General Concession plan and the fixed telephone service universalization were established in 2008 and 2011 respectively.

Felipe Montoro is a CFO in the financial industry in Brazil alongside Singapore and the UK. He controls and plans finances for the companies he serves. He is also part of the Board for various companies. He studied International Management at The American Garvin School of International Management. Prior to that, he had attended the Fundao Getulio Vargas where he achieved his undergraduate degree.

He previously worked for the Braskem S.A. as a director. He is an expert when it comes to infrastructure consultation. He has a keen interest in managing waste and this can be seen in his recent engagement in improving Brazil’s sanitation. Through his experience, he continues to assist in putting caps in place to control over spending as he helps in growing the economy.