Latvia extends reduced diesel tax until year-end

Latvia will continue to apply a reduced excise tax rate on diesel fuel through December 31st of this year. Amendments to the Law on Limiting Price Increases for Petroleum Products, approved by the Saeima on Thursday, June 18th, enshrine this measure. The decision aims to mitigate the impact of fuel price fluctuations on consumers and businesses. This extension provides continued relief for diesel consumers.

The extension of the reduced diesel tax in Latvia offers continued financial relief to consumers and businesses reliant on diesel fuel.