Fiscal PolicyEvent / data period:
Brazil cuts gasoline taxes and authorizes diesel subsidy
Brazil cut federal taxes on gasoline and hydrated ethanol and authorized a temporary subsidy for road diesel amid oil-supply uncertainty.
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Türkçe sürüme geçFiscal policy, budgets, public debt, taxes, customs duties and public support, distinguishing announced targets from realised outcomes. Page 6.
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Fiscal PolicyEvent / data period:
Brazil cut federal taxes on gasoline and hydrated ethanol and authorized a temporary subsidy for road diesel amid oil-supply uncertainty.
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Brazil’s 2027 budget proposal projects an 18.6-billion-real headline primary surplus and an adjusted 83.4-billion-real result under fiscal rules.
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Federal revenue reached 235.566 billion reais in August; the January–August total rose 7.12% in real terms year over year.

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The education ministry programme is reported to cover 8,990 schools and more than 1.5 million pupils; the allocation is a budget figure, not proof of spending or health outcomes.
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The tax department cited 177,668 registered taxpayers and coverage of 98.5% of sales value; it did not state the precise 2026 cutoff date.
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Destatis’ preliminary cash statistics put public receipts at €1,011.8 billion and expenditure at €1,110.6 billion; the deficit was €58.5 billion a year earlier.
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TurkStat’s October 1 national-accounts release puts the deficit at TRY 600.427 billion and details revenue, spending, debt and the composition of tax and social-contribution receipts.
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The Federal Tax Authority says covered persons in this revenue band must appoint an Accredited Service Provider by October 30, 2026 and implement e-invoicing by January 1, 2027.
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The General Budget Committee discussed the 2027 draft within a three-year planning cycle. The meeting covered preliminary revenue and expenditure estimates, requests for strategic projects and the planned use of artificial intelligence in budget processes.
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Cabinet Decision No. 149 of 2026 updates rules on medical products, employee accommodation, capital assets and input-tax apportionment. A new restriction for cash payments will depend on a threshold to be set separately by the Minister of Finance.

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Treasury data show a 94.9 billion real primary deficit in the first eight months, as real revenue and spending each grew 5.7%.
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Brazil’s Treasury put federal public debt at 9.29 trillion reais in August, with floating-rate securities accounting for 52.74% of the total.
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