Brazil Senate extends Fust Direto to 2031, shields from budget cuts
Published 2 d ago1 sourceEvidence: Reported
Brazil's Senate approved a bill amending the Fiscal Responsibility Law to prevent the blocking of R$465 million allocated to Fust, the Telecommunications Fund, and extends the benefit to operators contributing to the fund. The move ensures funding for telecom projects, likely including connectivity initiatives. The bill now moves to the lower house, with implementation details pending.
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