Facing political challenges in Congress to advance ambitious fiscal austerity measures needed to restore investors’ confidence in the Brazilian economy, the administration of President Michel Temer is revamping the government program of concessions in energy and infrastructure in the hope of generating momentum for reform and renewed growth. On October 5^th, Minister of Planning Dyogo de Oliveira will explain initiatives envisaged to modernize the governance of projects, improve regulatory frameworks on public sector concessions and to create a friendly environment in order to  improve the chances of attracting private capital from Brazilian  and foreign investors. “The new guidelines will ensure that concessions will be granted under a healthy spirit of competition on the part of entrepreneurs, and transparency and predictability on the part of the government,” said Oliveira.