Polish Prime Minister Donald Tusk announced a package of measures to address rising fuel costs, including reductions in value-added tax and excise duties on fuel products alongside the introduction of retail price caps, subject to parliamentary approval.
The proposed measures include VAT and excise duty reductions on fuel and a retail fuel price cap that would be adjusted daily in line with wholesale market levels. Government estimates indicate the package could reduce fuel prices by approximately 1.2 zloty (US$0.32) per liter, with implementation possible by Easter depending on the legislative process.
The government is also preparing a windfall tax on fuel refiners, which would apply to companies operating in the energy sector, including major domestic players.
The announcement follows significant fuel price increases in Poland, with unleaded gasoline prices rising approximately 22 percent and diesel prices increasing by approximately 40 percent. These increases exceed average price changes across the European Union, where gasoline and diesel prices have risen by approximately 15 percent and 26 percent, respectively.
