economy
April 18, 2026
STATE PREVENTED PRICE SPIKE AT GAS STATIONS Shortages prevented thanks to responsible policy
Minister of Finance Siniša Mali said in Washington, where he is participating in the Spring Meeting of the International Monetary Fund (IMF) and the World Bank, that Serbia has taken measures regarding the reduction of excise duties on fuel and emphasized that there is a financial cost to this measure, but that the state is ready to bear this part of the burden, given that we have stable finances.
TL;DR
- Serbia has reduced excise duties on fuel by 25% to prevent price surges and shortages.
- The state is prepared to cover the financial cost of these measures, thanks to stable public finances.
- Current diesel reserves are sufficient for 92 days, and gasoline reserves for 85 days.
- Gas reserves are also substantial, with 600 million cubic meters available.
- Without state intervention, diesel prices could exceed 260 dinars per liter.
- Serbia has managed to maintain current fuel prices, with diesel at 217 dinars and gasoline at 191 dinars per liter.
- The Minister of Finance acknowledges that inflation might increase but aims to keep it minimal and prolonged.
- The government expects the global crisis to conclude soon, as larger economies may struggle to cope.