Kazakhstan plans to reduce the share of the additional excise tax on fuel from 95% to 50%. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
The initiative is being considered as part of fuel price regulation and changes to the tax burden. Cutting the additional excise share from 95% to 50% could affect price formation on the market.
At present, the proposal has not been officially approved; it is only being discussed as a plan. It remains unknown what decision will be made going forward.