Brazil May Cut Taxes to Stimulate Ethanol Output, O Globo Says
The Brazilian government may announce tax breaks and interest rate cuts by September to boost ethanol production, O Globo newspaper reported, citing a government official who wasn’t identified.
The goal is to increase ethanol supplies and lower its price, the Rio de Janeiro-based newspaper said.
To contact the reporter on this story: Maria Luiza Rabello in Brasilia at firstname.lastname@example.org.
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