President Jair Bolsonaro is getting closer to having a role in making gasoline and diesel less expensive for Brazilian drivers after a key senate panel advanced a bill that aims to stabilize fuel prices.
The Senate Committee on Economic Affairs on Tuesday approved proposed legislation that would allow the government to establish price bands for fuel, and to tax oil exports progressively -- with levies getting higher, the higher the price of crude -- to protect domestic supplies. The bill also calls for a stabilization fund to help reduce price volatility.
"fuel" - Google News
December 08, 2021 at 12:58AM
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Bolsonaro Gets a Step Closer to Controlling Brazil's Fuel Prices - Bloomberg
"fuel" - Google News
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