KYIV, Sept 2 – President of Ukraine Volodymyr Zelenskyy has signed a law on the phased increase of the excise tax on fuel.

"01.09.2024. Returned with the signature of the President of Ukraine," states the website of the Verkhovna Rada.

"It comes into force on September 1 (as I said, they would implement it retroactively). It will take effect as soon as it is published in the official gazette, which could be today or tomorrow," wrote MP Yaroslav Zhelezniak (the Holos parliamentary faction) on Telegram.