The Rio Times
BRAZIL · ECONOMY Key Facts —Decree signed: President Lula signed the measure Monday in an extra edition of the official gazette, the government confirmed. —The amount: A R$0.44 (about US$0.08) subsidy per liter of gasoline, roughly half the federal taxes on the fuel. —Cost: Around R$1.2 billion (about US$211 million) a month, the economic team […] The post Lula Signs Decree for R$0.44 Gasoline Subsidy to Blunt Oil Shock appeared first on The Rio Times .
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