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Temer will define privatizations on September 12th.

The federal government is expected to postpone the first meeting of the Investment Partnership Program (PPI) council to September 12th. This meeting will define the first concessions and privatizations of the government led by acting Vice-President Michel Temer. Initially scheduled for this week, on the 25th, the date was changed to avoid coinciding with the start of the final impeachment trial of President Dilma Rousseff.

Brasilia - DF, August 11, 2016. Acting President Michel Temer during a meeting with representatives of the Brazilian Chamber of the Construction Industry - CBIC. Photo: Beto Barata/PR (Photo: Paulo Emílio)

Leonardo Goy, Reuters - The federal government is expected to postpone the first meeting of the Investment Partnership Program (PPI) council, where the first concessions and privatizations of interim president Michel Temer's government will be defined, to September 12, a government source familiar with the matter told Reuters.

Initially, the meeting was scheduled for this week, on the 25th, but internally it was assessed that it would be better to change the date so that the launch of the concessions would not coincide with the beginning of the final trial of President Dilma Rousseff's impeachment process. The process is expected to conclude at the end of August.

Furthermore, once Dilma's removal from office is confirmed, President Temer is expected to travel to China in early September for the G-20 meeting.

The PPI meeting, chaired by Temer himself, would take place after his return.

The announcement should include a list of more "immediate" concessions, such as the concessions for the airports of Porto Alegre (RS), Florianópolis (SC), Salvador (BA) and Fortaleza (CE) and the passenger terminals of the ports of Fortaleza and Recife (PE).

Furthermore, there should be another list of projects to be granted or privatized in the medium term, with auctions that could take place within a year, such as those for Eletrobras' energy distribution companies.