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Dario Durigan Sworn In as Brazil’s Finance Minister, Pledges Continuity and Diesel Relief Push

Durigan signals continuity of Haddad’s agenda, prioritizing fiscal measures to cushion fuel costs.

Overview

  • Dario Durigan’s appointment and Fernando Haddad’s exit were published in the Diário Oficial, and Durigan was sworn in with a message of policy continuity.
  • He said the ministry will implement this year the linear cut of tax benefits approved by Congress in 2025, excluding those protected by the Constitution.
  • The government proposed exempting ICMS on imported diesel through end‑May with the Union compensating 50% of state losses, an estimated R$3 billion per month, and only Piauí has formally agreed so far.
  • Durigan outlined alternatives if governors reject the offer, including PIS/Cofins relief on diesel, subsidies to importers, tighter oversight of distributors and gas stations, and freight‑table adjustments, with another negotiation round set for next Friday.
  • He highlighted priorities to raise productivity, improve credit in coordination with the Central Bank, advance a digital investment agenda, deepen Eco Invest Brasil, and issue sustainable bonds later this year.