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THE GOVERNMENT HAS confirmed that it will not stop existing fuel supports in September.
In a statement this afternoon, the Government said the temporary reductions to fuel excise that were extended in June will now be extended beyond September.
“In June the Government announced an extension of the temporary reductions to fuel excise and the National Oil Reserves Agency Levy (NORA) and to avoid any cliff edge removal of supports, it set out a pathway to gradually restore rates to pre-reduction levels, starting from September 1.
“However, it is clear that in the intervening period there has been a change in the global situation and as a consequence the cost of petrol and diesel for consumers,” the statement said.
It was agreed this morning that the planned increases on September 1 and October 1 will not now go ahead and the next steps will be agreed by Government next week.
An incorporeal cabinet meeting will now take place next week and the Dáil is expected to be recalled early from the summer recess to approve the change in legislation.
*This is a breaking story and will be updated. *
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