Government of RJ signs decree to reduce ICMS on gasoline this Friday

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The governor of Rio de Janeiro, Cláudio Castro, is expected to sign this Friday (1st), during the morning, a decree that drops the ICMS on gasoline in the state. On the eve of the electoral campaign, the measure should drop the rate from 32%, one of the highest in the country, to 18%, as did the states of São Paulo and Goiás.

The plan was confirmed by CNN by senior government sources. The forecast is to sign the decree shortly after a press conference scheduled for 10 am this Friday. The document is expected to be published in an extra edition of the Official State Gazette.

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The most likely trend is that the new value will reach 18%, almost half of the current 32%, but Castro is still waiting for an impact study by the Secretary of Finance. The secretary, Fernando Lobo, is in Vitória (ES) for a meeting of Comsefaz, the National Committee of State Finance Secretaries. The central agenda is precisely the ICMS on fuels.

From a distance, Lobo prepares the final calculations to find out what the impact of this will be on the bombs. There was a possibility of making the reduction via a bill, but the government evaluated that the path via decree would be faster. Castro warned President Jair Bolsonaro by phone this Thursday (30th) of the measure. There is pressure from the federal government for states to adopt the reduction.

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The latest weekly survey by the National Petroleum Agency (ANP) pointed out that the average price of gasoline in Brazil is R$7.39. But in Rio, the price is 41 cents more than the average, being sold at R$ 7.80.

Although the state concentrates oil extraction centers and refineries, the high ICMS is pointed out as one of the factors that pushes the price up. The state of São Paulo also reduced the rate from 25% to 18%. In Goiás, the rate of 30% dropped to 17%.

Source: CNN Brasil

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