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Brazil's Finance Minister confirms studies on eliminating public transport fares
The Brazilian government is assessing the financial impact of eliminating public transit fares nationwide as part of broader social policies ahead of 2026 elections, Finance Minister Haddad said.
- On Oct 7, Finance Minister Fernando Haddad confirmed the government is studying nationwide fare elimination at President Luiz Inacio Lula da Silva's request, saying `we are conducting a full assessment of the sector.`
- After surfacing in media last week, the idea prompted investor concern as Haddad said the government is revisiting studies to assess financing ahead of next year's general elections.
- Local pilots like Maricá and more than 150 towns provide real-world examples, with Maricá carrying about 115,000 passengers daily and families saving roughly R$127.4 million this year.
- Markets reacted as the real weakened and interest-rate futures ticked up, while a June-published measure must be approved by both houses of Congress by Wednesday amid resistance.
- Brazil's next step is numbers, pilots and Congress, then the voters in 2026, as officials weigh who pays for drivers, fuel and maintenance against benefits for workers.
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Brazil’s Big Experiment: Can Free Publich Transport Work Nationwide?
Brazil is debating a simple idea with big consequences: making everyday public transport free. President Luiz Inácio Lula da Silva requested a study on the matter. Finance Minister Fernando Haddad says his team is mapping the true costs: what government systems spend, what taxpayers already subsidize, how much employers cover through the commute voucher (vale-transporte), […]
·Brazil
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Brazil's Finance Minister confirms studies on eliminating public transport fares
Brazil's Finance Minister Fernando Haddad confirmed on Tuesday that the government is conducting studies, at the request of President Luiz Inacio Lula da Silva, on a plan to eliminate public transportation fares nationwide.
·United Kingdom
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Total News Sources6
Leaning Left1Leaning Right3Center2Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 17%
C 33%
R 50%
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