During interactions on Monday, March 30, the government had not yet finalized the reduction for the fuel excise duty, with discussions pointing toward a flexible excise mechanism that could decrease from 10% to 45% based on crude oil prices. By Tuesday, talks shifted to a 10% to 25% reduction, and by Wednesday, reports indicated the cut would range only between 5% and 15%. Ultimately, on Thursday, April 2, authorities decided to reduce the excise duty on diesel by a mere 30 bani per liter, representing just 10%.
#diesel #excise duty #fuel price