Agreement to suspend relief on fuels is the cause, even with higher prices at pumps 12/29/2022 The end of the fuels relief is expected to immediately cause a slight improvement in the competitiveness of hydrous ethanol and in the remuneration of the mills. However, mills are still likely to continue preferring to produce sugar in […]
End of relief is expected to return almost R$55bn to federal government next year 12/29/2022 Raul Velloso — Foto: Leonardo Rodrigues/Valor The end of federal taxes relief on fuel as of January leaves the central government deficit (National Treasury, Social Security, and the Central Bank) in 2023 closer to 1% than to 1.5% of GDP, […]