MarketsNotableConfirmed
7.4
Brazil fuel subsidy hits R$40bn, fully booked in budget report
Valor Econômico·BR·about 12 hours ago
Brazil's government published a provisional measure opening R$64.289 million in extraordinary credit, with R$40.264 million for family farming food purchases under the food security program and the remainder for the Ministry of Indigenous Peoples. This is a routine budget execution measure, not a policy shift, but signals continued fiscal commitment to social programs.