Fund will also cover expenses with emergency aid for truck drivers and taxi drivers.
The federal government published on Thursday night (25.Aug.2022) an MP (Provisional Measure) that releases, as an extraordinary credit, R$ 2.5 billion to be transferred to bus companies. According to the text, the funds will cover free public transport for people over 65 years of age in states and municipalities.
The fund will also cover emergency aid expenses for truck drivers and taxi drivers. The action was already provided for by Constitutional Amendment No. 123, approved by the National Congress on July 14 this year.
According to the text, the measure meets the need to help the most financially vulnerable population, as well as reduce the social impacts resulting from the sudden increase in fuel prices.
In a note, the federal government said that the MP “does not affect the spending ceiling or the achievement of the primary result target, as provided for by Constitutional Amendment nº 123.”
With information from Brazil Agency.
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