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Brazil’s Oil Windfall Creates R$27.5 Billion Fiscal Buffer Despite Costly Fuel Subsidies

Brazil’s National Treasury estimates extra revenue from high commodity prices will net R$27.5 billion, more than offsetting the cost of federal fuel subsidies.

Brazil’s Oil Windfall Creates R$27.5 Billion Fiscal Buffer Despite Costly Fuel Subsidies
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Brazil’s National Treasury estimates extra revenue from high commodity prices will net R$27.5 billion, more than offsetting the cost of federal fuel subsidies.

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