Lula signs MP that expands the car discount program by R$ 300 million

President Luiz Inácio Lula da Silva (PT) signed this Friday (30) a provisional measure that expands the discount program for cars by R$ 300 million. The MP was published in an extra edition of the Official Gazette (DOU) earlier this evening. The expansion had been announced by the Minister of Finance, Fernando Haddad.

With the addition, the total available for the purchase of cars of up to R$ 120,000 reaches R$ 800 million gross. From now on, legal entities will also have access to discounts.

“The credit ceiling for buses and trucks remains the same. It is R$700 for trucks (R$100 million has already been used) and R$300 million for vans and buses (R$140 million has already been used). effect until the tax credits are exhausted”, informed the Ministry of Development, Industry, Commerce and Services.