Date: 5 months ago   Category: Economy

Planned increase in prices for fuel because of increase in excises in 2019 will not be - Siluanov


The Ministry of Finance will take care of decrease in financial load of the oil processing enterprises that will allow to avoid sharp jumps in prices of gasoline and DT.

the Minister of Finance of the Russian Federation Anton Siluanov said that no planned increase in prices for fuel because of increase in excises in 2019 will exist. The state will really raise fuel prices, but will make it "within inflation, within those forecasts of social and economic development which are presented together with the budget to the State Duma". You should not be afraid of any jumps, together with growth of excises, the ministry to start "the mechanism of a negative excise" for the oil refining companies that compensates and damps increase in load of them, the first Deputy Prime Minister assured. This mechanism provides reduction of duties for export of goods at completion of maneuver, smoothing of possible increase in prices for oil at the international level, and as a last resort - temporary introduction of new export duty on oil products and fuel. All this will help to smooth growth of excises, and will not allow an unstable situation which was observed at the beginning of 2018. Oil industry workers with understanding treated need of similar economic measures, and will go to the state to a meeting. Vladimir Putin in April signed with

the new law according to which stage-by-stage increase in rates of an excise at gasoline and oil products is provided. The text of the new bill is published on the official Internet portal of the State Duma. Since the beginning of 2019 the price for ton of gasoline and DT respectively will increase for 2700 and 3700 rubles. Excises will restore up to 8,258 thousand rubles for diesel fuel and 11,892 thousand rubles for ton for gasoline.

in Audit Chamber of the Russian Federation warned Yesterday about possible sharp increase in prices for fuel after growth of excises at the beginning of 2019, and urged the Government to consider and approve the additional compensatory and constraining measures.

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