Dimitrieska-Koçoska: The government has decided to lower the excise tax on oil derivatives

During an extraordinary session, the government established key parameters concerning energy sources, the applicable time frame, and the methodology for calculating a reduction in the excise tax applied to oil derivatives. This information was disseminated by the Minister of Finance, Gordana Dimitrieska-Koçoska, through her official social media channels. In her statement, the Minister emphasized that the administration maintains a proactive stance in managing the economic repercussions stemming from the ongoing crisis in the Middle East.

She stated that authorities are closely monitoring the developing situation and are implementing timely responses with the primary objective of safeguarding the national economy and preserving the standard of living for all citizens. Dimitrieska-Koçoska further detailed that the intervention involving the excise tax is intended to provide stability to the pricing mechanisms of oil derivatives, among several other stabilizing measures being enacted. The decision reflects a coordinated effort by the government to mitigate market volatility.

By adjusting the structure of the excise tax, the government aims to absorb external economic shocks, thereby supporting domestic market stability and ensuring predictable costs for essential energy commodities. These measures underscore the government’s commitment to economic resilience in the face of geopolitical uncertainty.

Topics: #government #excise #tax

Leave a Reply

Your email address will not be published. Required fields are marked *