At next Friday’s Plenum a draft bill by AKEL, DIKO, EDEK and the Ecologists for overall reduction of VAT on electricity bills from 19% to 9% without time limits, will be put to vote. The technocrats of the Finance Ministry, on the other hand are preparing a bill to reduce VAT to 9% only for households for three months and to 5% for vulnerable consumers for six months.
Source: philenews.com
