This Tuesday (31), the Finance Minister Dario Durigan, announced that the agreement of subsidy for imported diesel It has already been discussed with most of the governors. Durigan also stated that the federal government is "very close" to convincing all the states.According to information from GloboNews, At least 24 state governments have already agreed to the proposal to subsidize diesel by R$1.20 per liter.Up to now, the government of the Federal District expressed opposition to the proposal of Provisional Measure (MP), while other federative units have not yet publicly commented.

Durigan He believes that the current support for the proposal will be enough for the regulation of the provisional measure, still this week. Financial support would be granted until the end of May. and R$0.60 would be subsidized by the states and R$0.60 by the federal government.The estimate is that the lost revenue would be R$ 1.5 billion. The diesel subsidy will be provided through the withholding of part of the… State Participation Fund (FPE) of each federative unit. The proposal is becoming increasingly urgent amidst the escalation of Geopolitical tensions in the Middle East between the United States, Israel, and Iran.After the closing of Strait of HormuzDue to the military conflict, fuel prices have skyrocketed globally, and the federal government's goal is to mitigate the effects of the crisis on the Brazilian economy.

This text was translated by machine from Brazilian Portuguese.