Electricity, fuel, bus and train fares to go up again



Electricity and fuel tariffs as well as train and bus fares are to increase by 15% from April 1st next year, sources from the Finance Ministry say.

These increases will be done in accordance with the 2023 Budget proposals.

However, the budget also states that a separate decision is expected to be made regarding the goods and services that can be exempted from VAT by conducting a tax review before that.

Simultaneously, a new VAT Act is also to be introduced.

In addition, all government fees are to be increased by 20%. These include highway tolls, marriage registration fees and company registration fees.


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