Brazil's Planning Minister says to phase out subsidy for diesel more slowly than for gasoline; to meet 2026 fiscal target without the need for additional measures; oil export tax may be scrapped this month or cut below 12% level
- No significant easing in spending pressures in sight.
- Dividend tax shortfall to be offset by stronger revenue elsewhere.
- BRL 23.7bln budget spending block could be partially eased this month
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