Lowers the price for forestry producers and fishermen. The accumulated reduction in fuel tax is around 20 cents.
The Government should approve this week a 10 cent reduction in agricultural dieselfor forestry producers and fishermen, given the increase in fuel prices caused by the war between the United States and Israel with Iran, said the Minister of Agriculture.
“We, this week will have a low […] for colored agricultural diesel, for forest producers and the fishermen”, José Manuel Fernandes told journalists, on the sidelines of an event at Tapada Nacional de Mafra.
“The objective is, in relation to the reference week, reduce 10 cents whenever the increase is greater than that amount”, detailed the governor.
The measure, he added, will be discussed on Friday in the Council of Ministers and “there is already deep down this commitment from the Ministry of Agriculture and also the Ministry of Finance”.
The Minister of Agriculture admitted to evaluating other type of support “depending, for example, on the duration of the war and the damage it brings”.
In this sense, he said that the guardianship is “working” on a “support formula” to face the increase in fertilizers.
ISP Accounts
The accumulated reduction in fuel tax (ISP) since the beginning of March is 20.8 cents per liter no diesel and of 19.3 cents on gasolinesaid the Secretary of State for Fiscal Affairs, also this Wednesday.
In a debate in the plenary session of the Assembly of the Republic, Cláudia Reis Duarte argued that the effect of the measures taken by the government so far “is fully visible”.
“In view of the beginning of March — and considering the ISP discount that was still in force at the time and had not been reversed —, today we have an accumulated reduction, with VAT, of 20.8 cents per liter on diesel and 19.3 cents per liter on gasoline”, he highlighted, after noting that the executive’s response is based on “automatic, transparent and proportional mechanisms to price evolution”.
In a debate in which opposition parties highlighted that rising commodity prices in the economy lead to increased tax collection, particularly on fuel, the Secretary of State stated that “the State is not taking any financial advantage from the rise in fuel prices“.
