Government Releases R$ 6.6 Billion to Contain Fuel Prices
8 Articles
8 Articles
The government has issued two interim measures to strengthen in R$ 7 billion the budget of the Ministry of Mines and Energy (MME) and the resources earmarked for official credit operations. Most of the resources (R$ 6.605 billion) will go to the Ministry of Mines and Energy to subsidize the import of petroleum derivatives and diesel oil for road use. With the measure, the government wants to reduce the impact on the consumer pocket caused by the…
The federal government opened an extraordinary credit of R$ 6.6 billion to subsidize the production and import of diesel oil and other fuels in Brazil.What HappenedPresident Lula signed the MP (Provisional Measure) 1,389 to release the money.
The Brazilian government has allocated an additional 6.6 billion reais ($1.3 billion) for fuel subsidies, according to an executive order signed by President Luiz Inacio Lula da Silva on Wednesday, when… Brazil: Lula government to allocate $1.3 billion for fuel subsidies - ΙΝΑΤΕΜΟΠΟΡΙΚΙ
Metrópoles
gazetaweb.comValue aims to bank government expenditures to contain fuel prices in the face of war in the Middle East
PM resources will be used for diesel subsidy and financing of PronafMPs release R$ 6.98 billion for diesel and Pronaf, with R$ 5.6 bi for fuels
Extra credit is allocated to the Ministry of Mines and Energy for production and import aid. Read on Power360.
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