Global Economy
Brazil's Planning Minister says to phase out subsidy for diesel more slowly than for gasoline; to meet 2026 fiscal target without the need for additional measures; oil export tax may be scrapped this month or cut below 12% level
News detail
No significant easing in spending pressures in sight. Dividend tax shortfall to be offset by stronger revenue elsewhere. BRL 23.7bln budget spending block could be partially eased this month
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