Government approves reduction in excise duties on petrol and diesel

The Czech government has approved the lowering of excise duties on petrol and diesel by 1.50  CZK a litre, Prime Minister Petr Fiala said at a news conference on Wednesday evening. At present the tax on petrol is CZK 12.84 a litre and the tax on diesel is CZK 9.95 a litre.

The new measure will be in place from the start of June to the end of September. Transport companies have been pushing for a reduction for some time.

Ministers say they are also seriously considering a cap on the margins of companies selling petrol and diesel.