price

Tax reduction can stop fuel price increase in Serbia

The price of crude oil will jump to more than 100 dollars per barrel on world markets by the end of the year, which will make oil derivatives more expensive in Serbia, and the only way to stop that trend is to reduce excise duty and taxes, said energy expert Miloš Zdravković. He told Beta that the state of Serbia cannot influence the purchase price of oil, but it can reduce taxes and thus compensate for this increase. Zdravković reminded…