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Lula is spending R$ 5 billion to keep the electricity bill under control. The TCU went and came back

O ministro do TCU, Antonio Anastasia, acaba de revogar uma decisão cautelar concedida por ele mesmo dias atrás, que suspendia o uso de cerca de R$ 5 bilhões em recursos públicos para segurar reajustes de tarifas de energia principalmente nas regiões Norte e Nordeste. A liminar durou menos de 72 horas, após ter causado um […] The post Lula está gastando R$ 5 bi para segurar a conta de luz. O TCU…

Translated from Portuguese Read in Portuguese

Brazil's TCU court minister Antonio Anastasia revoked a decision to suspend the use of around 5 billion reais in public funds to cap energy tariff hikes in the North and Northeast regions. The initial decision, which lasted less than 72 hours, had caused a stir among government officials, Congress, and the private sector. The funds, made possible by a law passed last year, would have limited tariff increases to up to 6.5%.

The TCU will continue to evaluate the use of these funds, with Minister Benjamin Zymler stating that the court will ensure a proper decision is made regarding the issue.

Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at braziljournal.com →

More in World

Carney asks provinces to return U.S. alcohol to stores

Nova Scotia Premier Tim Houston says Prime Minister Mark Carney has asked provinces to restock American alcohol on their shelves as Canada finalizes a trade deal with the U.S.

  • Nova Scotia Premier Tim Houston informs Carney of provinces' plan to restock U.S. alcohol.
  • Carney discusses draft trade agreement with provincial leaders on Wednesday.
  • Eight provinces ban U.S. alcohol sales for a year due to previous tariffs.

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