- North Macedonia reduced VAT on fuel from 18% to 10% to address rising pump prices due to the Middle East conflict.
- The VAT cut is a temporary measure, lasting two weeks from 23 March.
- The move is intended to stabilize petrol prices, though diesel prices may still rise slightly.
- The government aims to cushion immediate price shocks without long-term fiscal commitment.
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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