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How long will the fuel discount last?

BayRadio | June 1, 2022
Petrol Discount

The Finance Minister, María Jesús Montero has confirmed the government’s commitment to maintain the discount on fuel, although with nuances. ” As long as the circumstances of the cost increase persist, the Government will continue to accompany with measures”.

The Government decided in mid-March to take measures against the raise of fuel prices. One of these measures was the discount at all filling stations of 20 cents per litre of fuel. This means that a person who fills a 55 liter tank can save between 10 and 12 euros.

The rebate entered into force on 1 April for a period of three months and will continue until 30 June. It is a month before the end of the discount applied to the liter of fuel and the data not only do not improve, but worsen. For weeks, the price of diesel has been more expensive than that of petrol and the population has faced this week at historic prices.

This discount was applied to see how prices evolved. The markets “are being volatile and, therefore, if circumstances persist, the Executive will continue to be accompanied by measures,” said Montero.

Petrol prices are not changing or evolving at international or European level, which could force to extend the discount. The head of the Treasury advocates “combat inflation and accompany families” since this discount can not be extended in time as it is implemented.

This discount could be applied with a series of more selective measures for those groups “most in need”.

Written by BayRadio

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