Cut in Excise Duty announced

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The Government has reduced Excise Duty on road diesel by 15 cent per litre as fuel prices continue to soar.

Excise Duty on petrol will be reduced by 20 cent per litre, while a 2 cent per litre cut on green diesel has been agreed.

The reduction will be in place until 31 August.

The announcement comes amidst calls from FTA Ireland and the Irish Road Haulage Association for a reduction in Excise Duty on road diesel in response to spiralling prices at the pumps.

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