Govt. passes measures to ease pain of rocketing energy costs
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Loading... - Anne Nielsen
- 17 Oct 2022
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The government has just approved measures aimed at easing the pressure that skyrocketing energy costs are putting on many Czechs. Under the scheme, households will receive an average of CZK 15,000, with almost a third of that sum coming this year.
A lot of people in Czechia are feeling the pinch of soaring prices of gas and electricity – and are bracing themselves for even worse once winter arrives.
Earlier in the week the prime minister, Petr Fiala, said hikes in electricity prices had surpassed even the worst expectations.
On Wednesday his government approved a package aimed at easing some of the economic pain.
Introducing the measures, Mr. Fiala said they were the final form of the cabinet’s Umbrella Against Costliness scheme.
He also said that the Czech government was doing more to help voters cope with inflation than their counterparts in many other countries.
“The government has earmarked a total of CZK 177 billion crowns to help citizens. According to an international comparison by the independent institution IFIs [Independent Fiscal Institutions Network], when it comes to degree of assistance to citizens we are fourth in the entire European Union. The help our government has prepared for citizens is massive, targeted and active.”
Mr. Fiala said the measures were tailored to meet the needs of various sections of Czech society.
“The government has produced measures that are targeted and that are to different degrees and are for different population groups. The cornerstone of our assistance is what’s called the Energy Saving Tariff, as well as the forgiveness of charges for renewable energy.” Read More...
