Presidential bill on reducing fuel prices
By the end of the week, the president's statutory proposal to reduce fuel prices at stations will be submitted to the Sejm.
Quick Look
By the end of the week, the President's bill "Fuel costs normally" will be submitted to the Sejm, providing for the exemption of fuel sales from retail tax, limiting margins and reducing excise duty.
AI-generated summary
Why It Matters
Paweł Głosernaker announced that he would submit a presidential bill to the Sejm aimed at reducing fuel prices.
"Fuel costs normal"
By the end of the week, the president's statutory proposal will be submitted to the Sejm, which is intended to reduce fuel prices at stations, Paweł Głosernaker said during a press conference.
This is the PKN Act - "Fuel costs normally" - he added.
The project is to include full exemption of fuel sales at stations from retail sales tax. The regulation is also to include a statutory limitation on the margins of fuel companies, as well as "renewing the possibility of flexible reduction of excise tax rates on fuel by the Minister of Finance."
The head of the president's office in opposition to the prime minister
Żefernaker also referred to Prime Minister Donald Tusk's words that the CPN program (a government program to reduce fuel prices) will be restored if the president signs the act on tax on excess profits of fuel companies.
What to Watch
AI outlook — possibilities, not facts
Submission of the draft presidential bill to the Sejm by the end of the week.
Very likely · Within days
Open Questions
- What exactly will be the margins of fuel companies?
- When could the act come into force?
