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3 results for “oil revenue

Brazil Government Claims Windfall Oil Revenue Secures Fiscal Space for Fuel Tax Cuts
PROPoliticsSep 10

Brazil Government Claims Windfall Oil Revenue Secures Fiscal Space for Fuel Tax Cuts

Lula’s administration cuts federal PIS/Cofins fuel taxes and boosts diesel subsidies, assuring investors the cost is offset by oil export revenues.

Brazil Projects Record Revenue for 2026, But Debt Load and New Taxes Undercut Fiscal Stability
PROPoliticsSep 06

Brazil Projects Record Revenue for 2026, But Debt Load and New Taxes Undercut Fiscal Stability

Brazil forecasts a record R$ 3.24 trillion revenue for 2026, though rising debt and new taxes temper optimism.

Brazil Congress Passes Broad Fuel Tax Relief, Using Oil Windfall to Stabilize Energy Prices
PoliticsAug 13

Brazil Congress Passes Broad Fuel Tax Relief, Using Oil Windfall to Stabilize Energy Prices

Brazil's Senate approved a bill cutting federal taxes on fuels, funded by an R$28 billion oil royalty windfall.