Polish fuel tax cuts to cost PLN 1.6 bln per month, minister says
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WARSAW, March 26 (Reuters) - Poland's decision to lower value added tax (VAT) on fuel is expected to cost 900 million zlotys ($242.88 million) per month and the cost of lowering excise tax is seen at 700 million zlotys per month, Polish Finance Minister Andrzej Domanski said on Thursday.
Poland will slash fuel taxes, cap pump prices and may pursue a windfall tax on energy companies, the prime minister said on Thursday, measures set to be welcomed by drivers but which sent shares in state-controlled refiner Orlen PKN.WA tumbling.
($1 = 3.7055 zlotys)
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