Haddad confirms another BRL 300 million for the car discount program

The Minister of Finance, Fernando Haddad, confirmed this Wednesday night (28) that the extension of the incentive program for the purchase of discounted cars will cost R$ 300 million. According to him, the resources will come from the R$ 0.03 anticipation of the diesel recharging that will start in October.

“It was going to be a R$ 1.5 billion program and now it’s going to be a R$ 1.8 billion program”, said Haddad. Of the extra R$300 million, R$100 million were foreseen in the original provisional measure, which granted a break in resources, but the other R$200 million will require a new provisional measure that changes the diesel reencumbrance, informed Agência Brasil.

“To contemplate another BRL 200 million, you will have to change BRL 0.03 in the value of the reencumbrance from October because of the ninety [prazo de 90 dias antes do aumento de qualquer contribuição para a União]”, said Haddad. The minister pointed out that this increase will not be felt by the final consumer.

“At the pump, this increase will not happen. Because there has already been an additional drop in the dollar and a drop in the price of oil. So we are not worried about that. It has no impact on the consumer”, reinforced the minister.

According to Haddad, the expansion of the program was necessary to meet the high demand for individuals. “A queue accumulated and was brought to President Lula’s consideration. President Lula decided to attend to the queue that formed until yesterday. So we are going to extend a little bit to attend to this queue”, he informed.

In the beginning of the afternoon, the press office of the Ministry of Finance had confirmed that the discount car purchase program would be extended, with the extension for companies to acquire cars with lower prices. The minister had advanced the information in an interview with journalist Míriam Leitão, from GloboNews, which will air tonight.