Her extension of the reduction of the special tax on fuel, road network usage fees and public transport tickets until the end of Januaryannouncement by the government New Zealand.
Gasoline prices, as in other countries, have risen sharply since Russia’s invasion of Ukraine began in February, contributing to high inflation. Food prices increased by 1.2% in June, while they recorded an increase of 6.6% compared to the corresponding month last year.
“There is no easy fix for the cost of living, but we are taking a number of measures to ease the pressure on families”Treasury Secretary Grant Robertson said in a statement. “We want New Zealanders to have some certainty over the coming months in the face of volatile pump prices.”
The government in March cut fuel excise duty by 25 cents a liter and road user charges – a charge on diesel vehicle users – by three months. The temporary measure was extended again in May until mid-August.
Source: News Beast
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