Magazinović: Amendments to Excise Law give BiH CoM a tool to temporarily reduce fuel prices

SARAJEVO, March 16 (FENA) – Saša Magazinović, the proposer of the amendments to the Excise Law in Bosnia and Herzegovina and a member of the House of Representatives of the Parliamentary Assembly of BiH, stated today that the proposed changes would allow the Council of Ministers of BiH to respond quickly in the event of market disruptions by temporarily reducing or suspending excises on petroleum products, to protect citizens and businesses from sudden fuel price spikes.