Government to waive gas excise duty and introduce “fuel inflation checks”

More than 550,000 vulnerable Bulgarians whose incomes are below the poverty line and who receive social assistance will receive a one-off EUR 50 “inflation check” in October. The total EUR 30 million package will compensate recipients for high fuel prices, Deputy Prime Minister Alexander Poulev said, as reported by BTA. The excise duty on LPG will also be removed for three months. The measure, which will cost EUR 15 million, will lead to lower prices and support both households and industry, Alexander Poulev added.

At this point, no measures are planned regarding excise duties on petrol and diesel. Support will also be provided for intercity transport, school transportation and emergency medical services. Farmers will receive assistance of nearly EUR 0.44 per liter of fuel, Minister of Agriculture and Food Plamen Abrovsky said.

Edited by Ivo Ivanov

Translated by Kostadin Atanasov