Cyprus Mail

Swedish government to cut taxes on diesel, petrol in budget

sweden petrol
File photo

Sweden’s government said on Thursday it would cut the tax on petrol and diesel in the upcoming budget to support ailing households.

The tax will be cut by 1.64 Swedish crowns ($0.15) per liter for petrol and 0.43 crowns for diesel from 2024. The measure is expected to cost 840 million crowns cost in 2024.

“We know that many families are struggling badly right now,” Energy Minister Ebba Busch told a news conference.

The centre-right government has cut petrol and diesel taxes several times in the last year, drawing harsh criticism from environmental groups.

Follow the Cyprus Mail on Google News

Related Posts

Israel bombards Gaza, with biggest functioning hospital under siege

Reuters News Service

Jailed Russian opposition leader Navalny dead

Reuters News Service

Greece legalises same sex marriage in landmark change

Reuters News Service

Google to launch anti-misinformation campaign ahead of EU elections

Reuters News Service

Labour Party deals double blow to PM Sunak’s Conservatives

Reuters News Service

Ukraine withdraws units from parts of Avdiivka, sends in crack brigade

Reuters News Service