Commerce Minister, Antonis Michaelides sent a letter-reminder to the Finance Ministry recently on the reduction of the consumer tax on heating oil by 3 cents, from 11.1 cents to 8.1 cents per litre. Speaking to StockWatch, Mr. Michaelides stated that this offsetting measure must be allocated to consumers the soonest possible. “If this is not feasible, we are sure that the Finance Ministry will submit other measures to the benefit of all citizens that they need it”, he concluded.
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