Brazil: Measure to reduce fuel will cost up to US$10 billion, says Guedes

According to the Brazilian Economy Minister, Paulo Guedes, projects will cost at least R$25 billion and have a set date to finish.

RIO DE JANEIRO, BRAZIL - On Monday, June 6, the Brazilian Economy Minister, Paulo Guedes, told journalists the federal government's measure to reduce the value of fuel would cost from R$25 billion to R$50 billion (US$10 billion).

"The commitment to fiscal responsibility still . . .

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