Economy

Taxes of gasoline are zeroed and fuel subsidies, expanded

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 09/10/2026, 18:24:24 UTC.

Briefings

Brazilian authorities announced a 30-day extension of fuel subsidy programs in October 2026, reducing gasoline tax from R$ 0.63 to R$ 0.89 per liter and increasing ethanol and diesel subsidies. The Ministry of Finance and Planning allocated R$ 5.2 billion in costs, with an additional R$ 7.52 billion credit for the ANP to offset fuel price increases. The decision occurred 16 days before the second round of elections, with the minister citing international oil prices and regional conflicts as drivers for the policy shift.

Key points

• The government extended fuel subsidy programs for 30 days starting October 9, 2026, reducing gasoline tax from R$ 0.63 to R$ 0.89 per liter.
• The Ministry of Finance allocated R$ 5.2 billion in costs and R$ 7.52 billion in credits to the ANP to offset fuel price increases.

Context and limitations

The announcement covers only October 2026; future revisions are possible. Specific beneficiary details and long-term sustainability are not provided.

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