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Lula Bypasses Fiscal Rule with R$6.6 Billion Fuel Subsidy, Renewing Brazil Fiscal Concern

President Lula authorized a massive R$6.6 billion extraordinary credit for fuel subsidies, raising concerns about the new fiscal framework.

By Eleanor Shaw

Published
Lula Bypasses Fiscal Rule with R$6.6 Billion Fuel Subsidy, Renewing Brazil Fiscal Concern
Source: Ricardo Stuckert/PR / Wikimedia Commons (CC BY 3.0 br)

President Lula authorized a massive R$6.6 billion extraordinary credit for fuel subsidies, raising concerns about the new fiscal framework.

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