Politics · Brazil · 2 days ago

Brazil cuts fuel taxes and extends price relief ahead of runoff vote

Brazil cuts fuel taxes and extends price relief ahead of runoff vote

Brazil’s government, led by President Luiz Inácio Lula da Silva, has cut fuel taxes and extended fuel-price relief.

The measures cover fuel in Brazil, including gasoline.

The government announced them ahead of the country’s runoff vote.

A runoff is a further vote held after an earlier round.

The changes are intended to provide relief on fuel prices, though no details about the size of the tax cuts or subsidies are given.

The runoff vote is the next event mentioned.

Sources

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