Poland can’t afford another CPN? Domański spoke up

At the beginning of July, the “Fuel Prices Lower” (CPN) package became history. The solution, operating from the end of March to the end of June, was intended to protect consumers against the effects of the fuel crisis related to the war in the Middle East.

As part of the package, the VAT rate on fuel dropped from 23 to 8 percent, and excise duty was reduced by 29 groszy for a liter of gasoline and 28 groszy for diesel oil, i.e. to the lowest level allowed by the European Union. An important element of CPN was also the introduction of price limits at gas stations.

Although only two weeks have passed since the expiration of the package, there are already voices that it should be reactivated. This is related to the American attacks on Iran, which caused an increase in oil prices.

Can Poland afford another CPN? Domański comments

This thread appeared in today’s interview given to TVN24 by the Minister of Finance and Economy. When asked whether there would be room for another program like CPN, Andrzej Domański emphasized that the government was monitoring the situation in the Middle East. — We analyze the refining margin and product availability. In particular, we know that there are problems with diesel availability in some regions of Europe, so this situation will be further analyzed – said the head of the Ministry of Finance and Economy in the “One on One” program.

When asked by Agata Adamek whether Poland could afford another CPN program, Domański repeated that the government was analyzing the situation. — It must be clearly said that Poland currently has a high budget deficit, which is related to huge defense spending – emphasized the TVN24 guest.

After June this year the deficit amounted to over PLN 123.7 billion. The cost of the CPN package was estimated by the Ministry of Finance at approximately PLN 4.7 billion.