Brazil Adds US$1.5 Billion to Fuel Subsidies

Globo

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The government has reinforced in R$ 7,520 billion the budget of the Ministry of Mines and Energy (MME) to bank subsidies to the production and import of fuels derived from oil and diesel oil for road use. The opening of extraordinary credit to meet the MME is a provisional measure published on Friday (9). The measure aims to contain the increase of the price of fuels in front of the oscillations of the barrel of oil because of the conflict in th…

Revista Oeste

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The government of President Luiz Inácio Lula da Silva opened, on Friday, 9, an extraordinary credit of R$ 7.5 billion to bank subsidies for the production and import of fuels. The measure was published in the Official Journal of the Union on the same day that it resumed free electoral propaganda of the second round. Lula contests the re-election against Senator Flávio Bolsonaro (PL), who finished the first stage of the election in the leadership…

AMAZONAS ATUAL

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President Luiz Inácio Lula da Silva edited interim measure that allocates R $ 7,5 billion to maintain the diesel subsidy The post government hopes that diesel subsidy will reduce the consumer price apareceu primeiro em AMAZONAS CURRENT.

A TARDE

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The federal government authorized R$ 7.52 billion in extraordinary credit to subsidize the production and import of fuels. The release was formalized through the Provisional Measure (MP) no. 1.395, published this Friday, 9.The money was allocated to the Ministry of Mines and Energy (MME) and will be administered by the National Agency for Oil, Natural Gas and Biofuels (ANP), responsible for managing the economic subsidy actions.In total, R$ 6.17…

moneytimes.com.br

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The government of President Luiz Inácio Lula da Silva (PT) announced on Friday (9) an expansion of subsidies on gasoline, ethanol and diesel, with validity of 30 days and additional cost of R$ 2.7 billion, with ministers citing pressure from the global rating of oil in effect of the war in the Middle East. The announcement was made [...]