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Will fuel excise duties go up after March?

It will not be easy for the future Minister of Transport, but it will be no easier for the Minister of Finance. He will be troubled – among other things – by the drop in oil prices.

According to estimates by former Minister of Finance Slavko Linić, this could create a budget gap of 350 million kuna. A barrel has fallen to 34.42 dollars in the U.S. What will happen next – even seasoned analysts with a crystal ball cannot predict. However, the Minister of Finance will be tempted to raise excise duties. He would not be the first to solve a problem this way. Especially when such an unpopular measure must be taken – at the beginning of the mandate. Linić estimates that the new government will not decide on such a move in the first quarter. Therefore, higher excise duties can be expected in the second quarter.