Kazakhstan plans to cut additional fuel excise from 95% to 50% from 2027

Kazakhstan plans to cut additional fuel excise from 95% to 50% from 2027
Photo: Tengrinews

Kazakhstan's Ministry of National Economy said the additional excise share on petrol and diesel fuel is planned to be reduced from 95% to 50% starting January 1, 2027. The ministry stressed that this would not automatically lower prices at fuel stations.

A draft government resolution was published for public discussion on October 20. The discussion will last at least 10 working days, after which the document will go through the remaining approval procedures and be sent to the government. The additional excise share was raised from 50% to 95% on September 1, 2026.

According to the ministry, the move is a temporary measure. Revenues flowing into the budgets of the Atyrau and Pavlodar regions and the city of Shymkent fell short of plans due to a moratorium on price increases and a drop in the wholesale fuel price. The ministry believes lowering the excise will not reduce the planned income of local budgets. The project does not regulate retail fuel prices.

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This story was automatically summarised and translated from Tengrinews. All rights to the story belong to its source.

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