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Slovakia Will Lower Excise Tax on Diesel by 9 Cents per Litre
Monday 11 January 2010 Zoom in | Print page
Bratislava, January 11 (TASR) - Excise tax on diesel should drop by 9 cents per litre by the end of January. That was the message presented by Prime Minister Robert Fico at a briefing on Monday following a meeting with representatives of employers, Unions, transporters, Slovnaft refinery and the ministries of finance and transportation.
"We plan to lower the excise tax on diesel from the current €0.481 to €0.391 per litre, which would in effect bring diesel prices down from €1.14 to €1.01 per litre," said Fico.
Implementing such a step, according to him, will cost the state €100 million. A portion of this drop in revenues is planned to be covered by downsizing the number of ministries from 16 to 14, with the rest saved by the Government's planned reduction of its operational expenses. As a result, the proposed change should not impact the planned deficit of public finances, according to Fico.
The Government is set to discuss the appropriate legislative amendments at an extraordinary session on Friday, and plans to introduce it to Parliament next week.
An agreement has also been reached on Monday not to toll first- class roads for the rest of this month. Some 800 current sections of first-class roads are to be re-divided into shorter sections, a revision that would increase their number approximately by 240 and will limit the number of unused kilometres that hauliers will have to pay for.
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