The Ministry of Finance revealed that last December, with the Selective Consumption Tax still reduced, 260,000 liters of diesel entered the country, equivalent to twice the monthly consumption in the market. With these numbers, an immediate readjustment of the fuel price is not justified.
Iván Haas, Deputy Minister of Economy, shared data on monthly fuel consumption at the country level, depending on the type of diesel.
In this regard, he stressed that Last December, 260,000 liters of Type III Diesel entered the country, with the Selective Consumption Tax reduced by 250 guaraníes.
Table shared by the vice minister.
“This volume represents more than twice the country’s monthly consumption. Is an immediate price increase justified, arguing the tax?”, Haas wondered, evidencing the answer.
According to the table, the monthly average of Diesel Type I was 21,577,555, while that of Diesel Type III closed at 121,409,968 litersthat is, in both cases, much less was consumed than what was acquired, therefore, there should be room to continue with the same price, at least considering the ISC variable.
Related note: Fuel price could rise after readjustment of the Selective for Consumption
Along the same lines, the director of Customs, Julio Fernández, revealed that only in December, fuel imports doubled, precisely in the knowledge that in January the tax would return to its normal values.
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