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Brazil Government Transfers Another R$2.3 Billion to Petrobras, Fuel Subsidies Total R$12.2 Billion

The latest payment to state-run oil giant Petrobras extends a significant fiscal commitment to stabilize domestic fuel prices ahead of a key election.

By Diane Cole

Published
Brazil Government Transfers Another R$2.3 Billion to Petrobras, Fuel Subsidies Total R$12.2 Billion
Photo by Lucas Monteiro on Pexels

The latest payment to state-run oil giant Petrobras extends a significant fiscal commitment to stabilize domestic fuel prices ahead of a key election.

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