Gov't considers extending fuel tax cuts amid surging prices, high inflation
Aug 15, 2023
The government is considering extending a tax cut scheme on fuel consumption, which is set to expire this month, through December, sources said Tuesday, amid soaring energy costs and high inflation. According to the sources, the Ministry of Economy and Finance has been mulling extending the measure and plans to announce its decision later this week. Currently, a 25 percent discount is provided for the consumption of gasoline, and a 37 percent discount is given for the consumption of diesel and l