Coalition wants to keep reduced diesel tax until end of 2026
The coalition parties have agreed to maintain the reduced excise tax rates on diesel fuel until the end of this year, Finance Minister Māris Kučinskis told the LETA news agency on Monday following a meeting of the coalition parties.
Latvia's coalition parties have decided to extend the current reduced excise tax rates on diesel fuel. This measure will remain in effect until the close of 2024. The decision was confirmed by Finance Minister Māris Kučinskis following a coalition meeting.
This extension will likely impact fuel prices for consumers and businesses, affecting transportation costs and potentially inflation.
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