The federal government announces a subsidy of up to R$ 0.89 per liter of gasoline.

This Wednesday (13), the federal government announced a new subsidy of up to R$ 0.89 per liter of gasolineMeasurement is a form to contain fuel prices which has been drastically affected by the high volatility of the price of a barrel of oil in international markets. In the coming days, the Ministry of Finance will publish a new decree that will establish the subsidized prices for gasoline.Furthermore, soon, the Petrobras must announce the next fuel price increase. payment of the subsidy it will be done through National Agency of Petroleum, Natural Gas and Biofuels (ANP) directly to gasoline producers and importersCurrently, a grant cannot exceed the ceiling of federal taxes levied on fuelsToday, the price per liter of gasoline is taxed at R$ 0.89 (PIS, Cofins and Cide), while the diesel is taxed at R$ 0.35 (PIS and CofinsAccording to federal governmenta subsidy will start with gasoline Up until now, fuel had not received any type of subsidy or tax cut since the beginning of… conflict in the Middle EastA The expectation is that diesel will also benefit from this measure in the future.A The last change in gasoline prices by Petrobras occurred in January of this year.The average price per liter fell by R$ 0.14 at refineries to R$ 2.57, while diesel saw an increase of R$ 0.38 per liter in March of this year, to R$ 3.65.

This text was translated by machine from Brazilian Portuguese.