The Ministry of Finance proposed that the states eliminate the ICMS regarding diesel imports as a way to contain the rise in fuel prices in the country. The proposal was presented by the ministry's executive secretary, Dario Durigan, in an interview this Wednesday (18). According to him, the federal government is studying to compensate for part of the states' revenue losses. with the measure. The estimate is that the initiative will generate a Losses of approximately R$3 billion per month through May.where the The federal government would cover approximately half of that cost.The idea has already been discussed with state finance secretaries and is expected to be brought up again at a new meeting scheduled for [date]. March 27This initiative is part of a set of measures adopted by the government to mitigate the effects of soaring oil prices. driven by the conflict in the Middle EastLast week, the federal government had already reduced taxes such as PIS and Cofins taxes on diesel.in addition to announcing import subsidies…seeking to soften the impact on consumers—especially by Petrobras. Durigan also stated that the government is monitoring possible abusive price increases in the fuel market. In this context, an agreement was reached with most states to allow… Real-time monitoring of fuel sales invoices. together to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), strengthening oversight of the distribution chain.
This text was translated by machine from Brazilian Portuguese.