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Romanian authorities mull new dynamic excise duty mechanism to curb fuel prices

World 2 sources 2 countries 🔦 Under-reported 50m ago

Romania’s Economic Committee, part of the upper legislative chamber, adopted a favorable report on Monday, July 27, for a draft law aimed at reducing fuel prices. The proposed legislation introduces a new dynamic excise duty mechanism designed to curb rising fuel costs. The bill now requires approval from the Senate plenary to advance further through the legislative process.

In a separate development driven by similar cost pressures, transport operators in Ghana have threatened a 30 percent fare increase. The Ghana Private Road Transport Union (GPRTU) issued the warning due to escalating operating costs and rising fuel prices. According to Deputy Public Relations Officer Samuel Amoah, drivers are currently struggling to cope with these financial strains as the union urges government action.

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Read the full story at the source Romania Insider (Bucharest, Romania) · RO
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