Thanks to parliament and government, gasoline price in Brazil may drop 21% -minister

Minister of Mines and Energy Adolfo Sachsida presented figures at a hearing in the Chamber of Deputies.

RIO DE JANEIRO, BRAZIL - The Minister of Mines and Energy, Adolfo Sachsida, said Tuesday (28) that a 21% reduction in the average price of gasoline is possible, which would fall from the current US$5.21 to US$4.11 per gallon (R$7.39 to R$5.84 per liter) if the proposals approved by Congress and the measures adopted by the government are implemented (a reduction of R$1.55).

The data were presented to members of Congress in a public hearing in the House of Representatives. Among the measures included in the projections are the Supplementary Law . . .

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