The federal government is expected to publish this week the provisional measure (MP) that grants a new subsidy to imported diesel.
The measure serves to contain the rise in fuel prices in the domestic marketdue to the effects of the war in the Middle East.
according to the analysis of the CNN Brazil Isabel Mega.
Initially, the government’s idea would be to publish the MP last week, but the schedule was readjusted due to President Luiz Inácio Lula da Silva’s (PT) agenda outside Brasília.
Furthermore, the government used the remaining time to convince and the Federal District to participate in the program. The Executive is still seeking unanimity on the measure.
The measure creates a subsidy of R$ 1,20 per liter of diesel imported. The cost of subsidy will be divided between the Union and states, with each entity paying 50% of the value.
This is the second measure by the federal government to contain the rise in fuel prices. .
In addition to the measures regarding diesel, the government is also observing the price movement of QAV ().
Second CNN Brasil found, After the 54% increase in kerosene, the government intends to eliminate PIS/Cofins charges for aviation fuel.
The measure could also be announced this week and have a limited period of time – two to three months.
Privately, the companies assess that the temporary exemption from PIS/Cofins is a welcome initiative, but falls short of what is necessary to mitigate the impacts of the adjustment on aviation kerosene.
Among the three large companies – Latam, Gol and Azul – the average expenditure on fuel is around R$700 million per month.
the cost is expected to increase by around R$350 million per month. PIS/Cofins payments range from R$10 million to R$20 million.
