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Caucasus/Russia/Central Asia |
Russian fuel excise tax set to rise |
2018-10-16 |
Direct translation [REGNUM] The increase in excise taxes on fuel in Russia since the beginning of 2019 can lead to a sharp increase in gasoline prices. This is stated in the conclusion of the Accounts Chamber on the draft federal budget for 2019 and the planned period 2020-2021, reports Kommersant on October 15. According to the publication, the document notes that from July 1, excise taxes on gasoline allowed only slightly lower retail prices: in July - by 0.2%, in August - by 0.3%. According to the Accounts Chamber, this was “not enough to compensate for the outpacing price increases accumulated since the beginning of the year.” As REGNUM news agency reported , from January 1, 2019 in Russia, excise taxes on motor gasoline will rise by 3.7 thousand rubles - to 12,374 rubles per ton, excise taxes on diesel fuel will be increased by 2.7 thousand rubles - to 8541 rubles per ton. |
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#1 Bernie Sanders nods in approval. |
Posted by: Raj 2018-10-16 06:55 |