Below are the measures taken by the government to mitigate the increase in fuels

The The unprecedented rise in fuel prices prompted the government to announce new measures to try to mitigate the impact on the pockets of the Portuguese. At a press conference, Finance Minister Joao Liao a €20 Auto Coupon Bonus in Marchas well Extension until June 30 of the return of additional VAT gains with ISP. More than that, the The carbon tax increase will remain frozen until the same date.

The automatic voucher was launched at the beginning of November last year and consists of giving back, until then, 10 cents per liter up to a maximum of 50 liters of fuel per month to consumers registered on the IVAucher platform, the amount (equivalent to five euros) paid with the first supply in the month.

This measure is designed to run for five months – from November 2021 to March 2022 – after specifying that if a consumer does not make any supply within a month, the planned support “slips” and accumulates with the month’s purchase value(s) The following (months).

Joao Liao made it clear that EU finance ministers are waiting for guidance from the European Commission to respond to the increase in energy prices, but in light of the “expected increase we had to act immediately”.

From next Monday, both diesel and gasoline will become more expensive, with the price of diesel increasing by 14 cents – the largest weekly increase ever – while gasoline is expected to rise by 8 cents.

Joao Pedro Matos Fernandez, Minister of Environment and Climate Action, introduced measures for public transport. Buses and taxis will also have benefits, so The government will pay 30 cents per liter of fuel.

“This payment is made through the Environment Fund and by request, with an advance payment,” he said. Subsidies will be provided to buses powered by natural gas, benefiting from the same amount.

The measures presented this evening are effective as of next week.

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