To Minimize the Impact of Fuel Prices, Bill 535/22 Creates Fuel Assistance of R$ 250

Written by Fabio Lucas Carvalho

Published on 30/04/2022 at 18:59

Updated on 30/04/2022 at 19:12

Foto: Marcelo Casal jr/ Agência Brasil

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With Fuel Prices Reaching Record Highs, the Chamber of Deputies Is Analyzing the Bill That Could Create Fuel Assistance Worth R$ 250

Brazil is one of the countries where consumers pay the highest prices for fuel. The rise in fuel prices generates several negative impacts on the economy, such as inflation and unemployment. According to Agency Chamber of News, in an attempt to mitigate the impacts of the problem, the Chamber of Deputies is analyzing the Bill 535/22, which creates Fuel Assistance for some sectors.

The text highlights that taxi drivers, app drivers, school van drivers, truck drivers, and others, as well as low-income families registered for fuel assistance, will be entitled to the benefit of R$ 250 per month. The amount of Fuel Assistance will be adjusted every six months according to the average variation of fuel in the period.

The Bill 535/22 also has an interesting fact. If approved, it will come into effect only on October 31, 2022, after the second round of the elections.

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Congress Approves PLN That Facilitates Fuel Price Reduction

Last Thursday, the National Congress approved the National Congress Bill (PLN), which allows for the reduction of fuel taxes without the need to compensate for loss in revenue.

The approval of the PLN means that governments will have more flexibility to reduce taxes and, consequently, reduce the price of gasoline and diesel.

Juscelino Filho, from União Brasil, the rapporteur for the PLN, stated that the increase in fuel prices in Brazil is the result of a combination of factors.

“The PLN aims to create conditions for the due evaluation and approval of proposals that incorporate the reduction of taxes affecting fuel price formation,” said the deputy.

The approval of the National Congress (PLN) is essential for reducing fuel prices. Usually, the federative entity that agrees to forgo revenue needs to indicate another source of resources.

To Minimize the Impact of Fuel Prices, Bill 535/22 Creates Fuel Assistance of R$ 250

With Fuel Prices Reaching Record Highs, the Chamber of Deputies Is Analyzing the Bill That Could Create Fuel Assistance Worth R$ 250

Congress Approves PLN That Facilitates Fuel Price Reduction

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To Minimize the Impact of Fuel Prices, Bill 535/22 Creates Fuel Assistance of R$ 250

With Fuel Prices Reaching Record Highs, the Chamber of Deputies Is Analyzing the Bill That Could Create Fuel Assistance Worth R$ 250

Congress Approves PLN That Facilitates Fuel Price Reduction

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

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BYD Atto 2 DM-i flex prepares to debut in Brazil with a plug-in hybrid engine, national assembly in Camaçari, competitive pricing, and targets Creta and T-Cross in a battle that promises to heat up the compact SUV market.

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