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Government authorizes R $ 30 bi contract for app drivers

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 29/10/2026, 16:24:23 UTC.

Briefings

Brazil's Ministry of Finance authorized a R$ 30 billion credit program for ride-hailing drivers under the Move Brasil initiative, with approval granted after favorable testimony from the Treasury and National Tax Service. The program, based on Provisional Measure 1.359, offers interest-bearing loans for new vehicles meeting environmental, social, and economic criteria, targeting registered drivers with active tax records and at least one year of consistent activity.

Key points

• The Ministry of Finance approved a R$ 30 billion credit program for ride-hailing drivers under the Move Brasil initiative.
• The program requires vehicles to meet specific environmental, social, and economic criteria and targets at least 200,000 new vehicle sales.

Context

This funding initiative supports the Move Brasil program, which provides credit for new vehicles to registered drivers and ride-hailing operators. The approval follows favorable testimony from the Treasury and National Tax Service regarding compliance with legal requirements.

Limitations

Evidence covers the authorization date and program details but lacks information on specific vehicle prices, manufacturer participation, or the actual number of drivers eligible for the program.

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