the discount at the pump can reach up to 18 cents per liter in mainland France

Pompes du Garage Retailleau, in Saint-Fulgent (Vendée), on Wednesday, February 23, 2022.

Consumers in mainland France will see a discount at the pump of up to 18 euro cents per liter of fuel from 1is April. The discount promised by the government it will range between 15 and 18 cents per liter of fuel, a difference that is explained by the amount of VAT applied in the various French territories, we learned, on Friday, March 25, from the Ministry of Ecological Transition. The application of this discount will be effective on Friday 1is April, according to a decree expected for Saturday, it was specified, confirming information from the Parisian.

“We wanted the pump discount of 15 cents per liter of fuel to apply to everyone. The bonus is calculated on the basis of 15 cents without taxes, which explains why the bonuses are different depending on the amount of VAT applied to petroleum products.we explain. “VAT being 20% ​​on the mainland in mainland France, the discount at the pump will be 18 cents per liter taxes included for the consumer. It will be around 17 cents in Corsica, where VAT is 13%, and 15 cents abroad, where there is no VAT on petroleum products.detailed the ministry.

The price shown on the pump will include the discount. Distributors themselves will benefit from the discount upstream, at the central purchasing level, from Sunday, which should allow the system to be fluid when it comes into force. The reduction takes place “At the level of marketers, all deposits and refineries, which will apply the discount to bulk sales”said the UFIP Energies and Mobility, which brings together professionals from the oil sector.

Three billion euros of credits earmarked for this measure

Given the rise in fuel prices and less than a month before the presidential elections, the Prime Minister, Jean Castex, announced this discount at the pumps in mid-March, from 1is April and for four months. 3,000 million euros of credits will be allocated to this measure, which, after diesel and gasoline, has been extended to LPG and LNG.

read also Fuel prices: why diesel exceeds gasoline, why a reduction instead of a reduction in taxes?

The government also announced “Exceptional economic aid equivalent to 35 cents per liter of diesel” for fishermen, implemented on March 17 and until the end of July. Dissatisfied with the government announcements, construction professionals, fishermen, farmers and carriers, in addition to the taxis, had organized earlier in the week seepage dams, blockades of oil reservoirs and refineries throughout France to protest against rising fuel prices.

Also read: War in Ukraine: discount on fuel, aid to fishermen and energy-intensive companies… Government measures to compensate for price increases

According to official figures published on Monday, the price of road fuel sold at French service stations fell below two euros on average last week, falling for the first time since the beginning of the year.

read also Can fuel prices be blocked, as several presidential candidates propose?

The world with AFP

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