Michael McGrath examining if excise cuts on petrol and diesel will be restored

Cuts to excise duty in 2022 totalled 21c per litre being taken off the cost of petrol and a 16c cut on diesel

Michael McGrath said while the current position will see excise duty fully restored on October 31, the issue is up for consideration in the budget.

Finance Minister Michael McGrath is examining whether or not the Government will restore excise duty cuts in the upcoming budget.

Speaking at the Fianna Fáil think-in in Co Tipperary, Mr McGrath said while the current position will see excise duty fully restored on October 31, the issue is up for consideration in the budget.