Excise tax on diesel fuel reduced for three months
On Thursday, 26 March 2026, the Saeima adopted in the final reading the Fuel Price Increase Limitation Law, which provides for temporary measures to reduce the impact of rising fuel prices on the national economy and the population. Diesel fuel could become cheaper by 8.6 cents per litre. “This is a balanced decision that helps to reduce cost pressures on entrepreneurship while at the same time strengthening economic stability. At the same time, the overall budget revenue is maintained […]
