Brazil May Cut Taxes to Stimulate Ethanol Output, O Globo Says

Bloomberg News
By Maria Luiza Rabello on July 01, 2012 Tweet

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.

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