The Council of Ministers approved the buffer measure against high fuel prices intended for holders of the “Dedicated to you” card. The amount of the contribution will be established within thirty days of the entry into force of the decree, but it should not be far from the cost of a full tank of petrol or diesel
Green light from the CDM to the fuel bonus, the measure lump sum launched by the Government to protect the families most exposed to the price increases of recent months. The provision was included in Energy Decree and is aimed at holders of the “Dedicated to you” card, therefore at families with a Isee up to 15,000 euros. The resolution of the Council of Ministers also provides for the extension for the months of October, November and December 2023 of the bonus to combat increases in electricity and gas bills. For the fuel bonus, a total expense of 100 million euros is expected. The amount of the contribution will be established within 30 days of the entry into force of the decree, but will probably be around the 80 euros. In fact, it covers the cost of a full tank of petrol or diesel for a medium-sized car. The sum allocated, equal to 100 million euros, will guarantee the use of the bonus 80 euros to approximately 1 million and 300 thousand families. However, the established amount is much lower than the 150 euros initially hypothesized previously.
excise duties and nadef
As anticipated in recent days, petrol and diesel enter the basket of goods that can be purchased with the social card intended for families with ISEE income up to 15,000 euros. There is no news on the government’s possible intention to activate the mobile excise mechanism, foreseen by the “Fuel Decree” of 2023. The rule provides that the mechanism is triggered if in the “previous two months” the average price in euros of Brent quality oil is higher than the level envisaged in the Def, i.e. the Economics and finance document, approved by the government in April and updated in the autumn. According to rumors gathered, the government could indicate in the Def update note (Nadef), to be approved by September 27, 2023, a higher reference price of 110 euros per barrel for Brent oil, effectively making the mobile excise duty inapplicable in the future. The price of Brent, to date, corresponds to 87 dollars, while the mobile excise duty should have been activated upon exceeding the threshold of 77.4 euros.
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