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The Government of the Republic of Serbia

In the service of citizens

Government adopts several decisions, decrees

Belgrade, 30 September 2022

At today's session, the Serbian government adopted several amended decrees and decisions, the validity of which is limited to 31 October 2022.

An amended Regulation on the limitation of the price of petroleum products was adopted, bearing in mind that the market is still unstable and that it is therefore necessary to extend the period of validity of the price limitation of those products.

At the session, the Decree on limiting the price of basic foodstuffs was also amended. The Decree highlights that the price correction will not significantly affect the standard of living of citizens and that at the moment the bigger problem would be a shortage of those products.

Compared to the previous period, the price of white crystal sugar was corrected due to a significant increase in the price of inputs and energy commodities, which led to an increase in the cost price. That is why it was necessary to limit the prices at a higher level so that the producers have space to prepare for the upcoming sowing and to avoid the possibility that the sugar beet plantings be smaller than the domestic need.

Also, due to an increase in the price of animal feed, it was necessary to change the price of fresh chicken carcass.

Members of the government also amended the Decision on the temporary ban on the export of milk and dairy products, thus extending the ban on the export of these products for another 30 days.

This measure will prevent possible damage to the economy and citizens, and the changes were made in order to mitigate the consequences and prevent a critical shortage of milk and dairy products, due to increased exports and the population's need for increased supply caused by the crisis on the world market.

The Decision on the temporary reduction of excise duties on oil derivatives was also amended and its validity is also extended until 31 October.

The amended decision was made in view of the current situation regarding the price of crude oil on the world market, which negatively affects macroeconomic stability in the country, and with the aim of regularly supplying the market with oil derivatives, preserving the living standards of citizens, as well as preserving economic stability.