Politics · Brazil · 2 days ago

Fuel price measures cost R$5.2 billion over 30 days, analysts warn

Fuel price measures cost R$5.2 billion over 30 days, analysts warn

The government is cutting fuel taxes and paying subsidies to help lower prices for 30 days.

The measures are expected to cost public funds R$5.2 billion.

Analysts say the help may ease pressure on drivers, but it does not address the causes of higher fuel prices.

They also warn that ending the subsidies could be difficult and that the spending adds pressure to the budget.

Sources

Related news