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End Of Tax Exemption Will Raise Transportation Fare By R$ 0.31 With A 0.2 Percentage Point Impact On IPCA.

Written by Paulo Nogueira

Published on 25/11/2023 at 00:57

Oil and Gas

Decisão afeta a recuperação financeira das empresas no pós-pandemia, alega Anatrip, associação do setor

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According to the industry association, Anatrip, the decision will have a significant impact on the financial recovery of companies in the post-pandemic period, bringing severe consequences for the sector.

The representative of Anatrip also states that the political wear resulting from the increase in public transport fares may make it more difficult for companies to transfer the costs of deregulation. ‘This could have a negative impact on the financial stability of the transport sector, potentially even resulting in difficulties for companies to meet their labor obligations’, says Oliveira.

According to Oliveira, the determination will have consequences for the financial recovery of companies after the pandemic. ‘We are returning to passenger levels of 2019 and moving towards recovering the investment capacity of companies; a cost increase will reverse this positive trend’, he explains. The executive believes that transferring the increase in expenses to the fare will have an impact that goes beyond transport companies. ‘Low-income populations will be affected by the fare increase, and companies that provide transportation vouchers will see an increase in expenses’.

This decision will affect not only transport companies but also the general population and companies that offer transportation vouchers.

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End of deregulation of Payroll Concerns Urban Transport Sector

The end of deregulation of payroll in the urban transport sector could have a significant impact on inflation, increasing by 0.2 percentage points, according to estimates from the National Association of Road Passenger Transport Companies (Anatrip). The executive secretary of Anatrip, Gabriel Oliveira, explains that “the re-regulation will result in increased costs that will be passed on to passenger fares”. According to him, “the presidential veto goes against the government’s measures to control inflation”.

On September 24th, President Luiz Inácio Lula da Silva fully vetoed PL 334/2023, which extends the so-called deregulation of payroll for 17 sectors of the economy, including road and metro passenger transport, for another four years. According to estimates from the urban transport sector, the re-regulation is expected to result in a 6.78% increase in total service costs, and as a result, an average fare adjustment for passengers of up to R$ 0.31.

Source: InfoMoney

End Of Tax Exemption Will Raise Transportation Fare By R$ 0.31 With A 0.2 Percentage Point Impact On IPCA.

According to the industry association, Anatrip, the decision will have a significant impact on the financial recovery of companies in the post-pandemic period, bringing severe consequences for the sector.

End of deregulation of Payroll Concerns Urban Transport Sector

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End Of Tax Exemption Will Raise Transportation Fare By R$ 0.31 With A 0.2 Percentage Point Impact On IPCA.

According to the industry association, Anatrip, the decision will have a significant impact on the financial recovery of companies in the post-pandemic period, bringing severe consequences for the sector.

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With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

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