He said the government would also introduce temporary maximum fuel prices, to be set daily by the energy minister, in an effort to ensure that tax cuts translate into lower costs for consumers.
"We have prepared a reduction in the VAT rate on fuels from 23 percent to 8 percent and a reduction in excise tax to the minimum required by EU regulations," Tusk said. "We have also developed a mechanism to ensure that these reductions have a real impact on prices."
He added that fuel retailers would be required to pass on the savings to customers.
Tusk said the measures are also intended to prevent excessive profits by fuel companies during the period of high oil prices.
The government does not currently plan to introduce limits on fuel sales, he said, but warned it could act if lower prices trigger "fuel tourism" by foreign drivers.
“If it turns out that fuel tourism reaches a disturbing scale, we will react,” Tusk said, adding that Poland is analysing steps taken by neighbouring Slovakia and that "any measures must comply with the law."
He also said the government could move to introduce a windfall tax if it finds that fuel companies are making excessive profits as a result of rising oil prices.
Tusk said the government would formally adopt the proposed measures later on Thursday and submit legislation to parliament so it can be passed as soon as possible and signed into law by the president.
The prime minister said earlier this month that Poland faces no risk of fuel shortages despite the United States' and Israel's war against Iran.
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Source: IAR, PAP, TVP Info