Politics · Brazil · 2 days ago

Brazil fuel measures expected to cost R$2.7 billion a month

Brazil fuel measures expected to cost R$2.7 billion a month

Brazil plans tax cuts and subsidies for gasoline, ethanol and diesel for one month.

The measures are expected to cost about R$2.7 billion a month.

The government says extra revenue from higher oil prices will cover the cost.

Officials will check that the savings reach consumers at fuel pumps.

Sources

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