Dimitrieska-Koçoska: Reduced VAT on fuel extended until October 2026

The measure reducing VAT on fuel will remain in effect until October 20, 2026. The government has decided to extend the reduction of the rate from 18 percent to 10 percent, with the aim of limiting price increases and easing costs for citizens and businesses.

Finance Minister Gordana Dimitrieska-Koçoska announced the news in a Facebook post. According to her, continuing this policy is intended to support living standards and preserve the stability of the economy.

“The government is continuing to implement measures that protect citizens’ living standards and the stability of the domestic economy. For this reason, the measure reducing VAT on fuel from 18 to 10 percent has been extended until October 20, 2026. This decision affects retail fuel prices and helps ease external price pressures, reducing the financial burden on citizens and the economy,” Dimitrieska-Koçoska wrote.

The minister added that the responsible institutions are closely monitoring developments in international markets. According to her, they will take the necessary measures at the appropriate time, depending on economic conditions./Telegrafi/