Currently in Brazil a liter of gas It costs 7.28 reais, that is, 1.53 dollars. According to projections by the Bloomberg agency, filling a 55-liter tank costs a Brazilian 33% of the minimum wage.
In comparison, in USA doing so is equivalent to 6% of the minimum wage.
In Argentinathe percentage of a minimum wage destined to be able to fill a tank with gasoline amounts to 18%, according to the same estimates.
The issue of fuel prices has become the main stumbling block in the economic agenda of the government of Jair Bolsonaro, who has spoken out several times against the price policy of Petrobras.
Last week, the president – who is seeking re-election in October – fired the president of the state oil giant and has been criticizing for months that the company adjusts its retail prices to international prices.
On Tuesday, the government initiated the request for Petrobras to be added to the list of companies that are part of the privatization plan led by the Ministry of Economy.
It is about how Bolsonaro hopes to separate his government from responsibility for fuel prices. Petrobras is majority controlled by the Brazilian state, but also has private shareholders.
Source: Ambito
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