# Brazil Lula Cuts Fuel Prices Ahead of Runoff Vote

> Brazil's Lula government cuts fuel prices two weeks before presidential runoff against Bolsonaro.
- Title: Brazil Lula Cuts Fuel Prices Ahead of Runoff Vote | Shortify
- Summary: Brazil's Lula government cuts fuel prices two weeks before presidential runoff against Bolsonaro. Brazil's Lula government lowers fuel prices with tax cuts…
- Keywords: lula, bolsonaro, fuel prices, presidential runoff, brazil, seattle times, news, local, Cuts, Fuel, Prices, Ahead
- Source: Seattletimes — https://seattletimes.com/business/lulas-government-in-brazil-lowers-fuel-prices-ahead-of-runoff-vote-against-flavio-bolsonaro
- Read time: 1 min
- Topics: lula, bolsonaro, fuel prices, presidential runoff, brazil, seattle times, news, local
## Brazil Lula Government Announces Fuel Cuts
Brazilian President Luiz Inácio Lula da Silva's government announced new fuel tax cuts and extended subsidies to lower fuel prices two weeks before a presidential runoff vote.
## Runoff Vote Date Approaches
Voters will decide on October 25 whether to elect Sen. Flávio Bolsonaro or grant Lula a fourth nonconsecutive term.
## New Fuel Tax Measures Effective Friday
A new decree eliminates federal taxes on gasoline imports and sales for 30 days, extending ethanol tax exemptions and increasing diesel subsidies.
## Diesel Subsidy Details
Importers receive 1.40 reais ($0.28) per liter for diesel for 30 days, in addition to the existing 2.12 reais ($0.42) per liter subsidy.
## Government Justifies Fuel Cuts
The government claims the measures ensure fuel imports remain economically viable amid rising international oil prices since the Iran war began.
## Key takeaway

Brazil's Lula government lowers fuel prices with tax cuts and subsidies ahead of Oct 25 runoff vote against Bolsonaro.