Fuel PEC could cost up to BRL 58 billion, market reacts with increased fiscal risk

Get real time updates directly on you device, subscribe now.


THE Fuels PEC remains in the spotlight after the government announced the possibility of a subsidy for truck drivers amid the sharp rise in diesel prices.

According to a study carried out by the chief economist of Ryo Asset Gabriel Barros, the measure could cost the coffers up to R$ 58 billion, with compensation to the states, the withdrawal of federal taxes and the new truck driver aid.

Compensation to states should cost R$ 29.6 billion and the exemption from federal taxes represents another R$ 20 billion. The additional amount of the subsidy to truck drivers can vary between R$400 and R$1,000. In the latter case, government spending would rise to R$6.99 billion.

Presented by Thais Herédia and Priscila Yasbek, the CNN Money presents a balance of news issues that influence markets, finances and the direction of society and the dynamics of power in Brazil and in the world.

Also check out the other podcasts from CNN Brazil and subscribe to the channel on YouTube.

*Posted by Fabricio Julião

Source: CNN Brasil

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

www xxx xxx video tube freeproncom filmsex hindi xxxvdo xxx hd
buy kamagra buy kamagra online $255 payday loans online same day no denial payday loans direct lenders only