The Serbian Government has extended the decree limiting the prices of petroleum products in the country until the end of July. The decision should prevent disturbances and preserve the living standard of the population.
The decree determines the maximum retail price and obliges companies that trade in motor and other fuels at stations for the supply of vehicles, and which until the adoption of the decree delivered petroleum products, to continue with the delivery exclusively by pouring into the fuel tanks.
A decision was made to temporarily reduce excise duties by 20% of the current amount on oil derivatives – leaded gasoline, unleaded gasoline and gas oils. The decree has been extended by another month on several occasions already.