The government will approve a timetable for a gradual increase in excise duties on beer in order to improve predictability, Prime Minister Marcel Ciolacu said on Wednesday.

„Good news on excise duty on beer. Until now, the level of the excise duty on beer was updated on January 1 with the inflation over the last 12 months, calculated in September of the previous year. We propose a different calculation model, in fact one requested by the industry: a timetable of gradual increase of beer excise duties for better predictability,” Ciolacu explained at the beginning of the Government meeting.

AGERPRES