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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 →

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