Government Limits Prices of Basic Foodstuffs for Another 60 Days – Wholesale Fuel Prices Higher by 7 Dinars from Today, Excise Taxes Lower by 15%

The Serbian government adopted today changes and amendments to the Decree on Limitation of Prices of Basic Foodstuffs (crystal sugar in a package of one kilogram, wheat flour - type T 400 smooth in a package of up to five kilograms, including that of five kilograms, wheat flour – type T-500 in a package of up to five kilograms, including that of five kilograms, edible sunflower oil in a package of one liter and pork leg) with the aim of further protection of market, i.e. prevention of disturbances in the formation of prices of the above-mentioned goods, which are of extreme importance for the supply of citizens, especially the underprivileged, the Government of Serbia announced.

The Decree will be in force for 60 days, from the day of its coming into effect.

The government adopted changes to the Decree on Limitation of Prices of Petroleum Products, which increases the average wholesale price of EURO DIESEL and EURO PREMIJUM BMB 95 in the territory of the Republic of Serbia by RSD 7 each.

This Decree will be in force from the day of its coming into effect, April 29 until May 31 this year.

Business entities selling motor and other fuels at stations for supply of vehicles are obliged to continue to deliver these petroleum products by pouring into propellant tanks of vehicles and cans for transport of petroleum products in a maximum amount of up to 60 liters.

Government members also made a decision to temporary reduce the amount of excise duties on petroleum products by 15% from the published harmonized amounts on petroleum products – leaded gasoline, unleaded gasoline and gas oils, bearing in mind the current situation with the price of crude oil on the world market and its tendency of further growth, which is affecting negatively the macroeconomic stability of the country.

Vlada Republike Srbije

Government of Serbia

basic foodstuffs

freezing of prices

limiting of prices

extension

decree

fuel prices

excise taxes on petroleum products