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5 results for “diesel subsidy”
New R$2.3 Billion Payment Pushes Brazil’s Petrobras Fuel Subsidy Tab to R$12.2 Billion
Brazil's government paid Petrobras R$2.3 billion for a diesel subsidy, highlighting fiscal risk and political intervention in fuel prices.
Brazil Extends R$ 2.12 Diesel Subsidy for 30 Days Ahead of Election
Brazil’s government extended a key R$ 2.12 per liter diesel subsidy for 30 days, a move to curb inflation and logistics costs before the October election.
Brazil’s Diesel Subsidy Extension Tests Fiscal Rule Amid Claim of Oil Revenue Offset
Brazil's government plans to extend a key R$2.12/liter diesel subsidy for 30 days, citing extraordinary oil revenue to offset the fiscal cost, a move that tests its new spending rules.
Petrobras Price Hike Fully Absorbed by New Diesel Subsidy, Total Government Fuel Aid Nears R$10 Billion
Brazil's state-controlled oil company raised diesel prices by R$1.00/liter, but a new government subsidy immediately offset the increase.
Lula Government Uses R$6.6 Billion Subsidy Package to Cut Fuel Price Ahead of Election
Brazil's government cut federal taxes on gasoline and boosted a diesel subsidy in a R$6.6 billion move to control fuel prices and inflation before the presidential election.