Government Maintains Full Diesel Subsidy for Third Week; Boosts Petrol Stimulus
5 Articles
5 Articles
The Ministry of Finance is once again increasing fuel support while maintaining price escalation in the global energy sector
The Ministry of Finance and Public Credit increased the subsidy to 72 per cent for regular and premium petrol, maintained 100% diesel and reduced its supplementary support.
The Magna gasoline will have a quota of 1.87 pesos per liter, and the Premium of 1.58 pesos, for the week from 26 September to 2 October, according to Hacienda in the Official Journal of the Federation.
The Ministry of Finance and Public Credit (SHCP) will apply a 100% fiscal stimulus to diesel for the third consecutive week, while increasing support for Magna and Premium gasoline from September 26 to October 2.
In addition to encouraging IEPS, diesel has received additional support for two weeks, amounting to an impact of 1.016.76 million pesos on public finances. The publication Stimulating IEPS for gasoline and diesel leaves a fiscal ‘boquet’ of more than 108,000 mdp appeared first in the CEO.
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