The Latvian government is in discussions about measures to limit the rising prices of automotive fuel, with the ruling coalition aiming to cap the retail price at €1.80 per liter. On March 17, the government discussed plans which include reducing fuel excise duties and introducing an extraordinary profit tax on retail sales. These proposals were presented subsequently by Minister of Economic Affairs Viktors Valainis, as reported by LSM.

Valainis expressed justified concerns that the current pricing policy does not serve the public interest, making such solutions necessary. He emphasized the importance of synchronizing the implementation of the excise tax reduction alongside the other measures to ensure that market participants reliably apply these changes so that residents can see the impact swiftly when filling their gas tanks. This highlights the government's intent to provide immediate relief to consumers amid rising costs.

The motivation behind these measures is to ensure that fuel prices do not exceed €1.80 per liter. Prime Minister Evika Silina has indicated that these changes are expected to take effect promptly, reflecting the government's responsiveness to economic pressures affecting consumers. If implemented correctly, these price controls could stabilize fuel accessibility for the public during uncertain economic times, although concerns about their long-term effectiveness remain to be discussed.