Excise duty on fuel to increase

"These changes were included in the draft budget bill for next year," said Jarosław Neneman, deputy finance minister. In his opinion this will increase state revenues by as much as zł.1.3 billion. From a formal point of view, each increase in the rate of excise tax will allow refineries to immediately raise fuel prices. If the price of oil drops on international markets, refineries might not decide for any price increase at all. Currently, according to Biuro Reflex, fuel prices have increased by roughly zł.0.60 per liter since the beginning of the year despite lower excise duty. (Rzeczpospolita, p.B2) M.M.