Act No. 48-2024, the Finance Act for the year 2025

Laws and Policies

CCLW

CCLW national policies

Passed

Act No. 48-2024, the Finance Act for the year 2025, covers tax and duty law across sectors but contains several green provisions.
- Electric vehicle tax and fee reductions are maintained and partially expanded to hybrid vehicles. Additional tax reductions on electric vehicle charging infrastructure are extended to 2027.
- Planned increases (from 10% to 30%) in solar panel imports are reversed and maintained at the 10% level to encourage continued installations despite domestic production challenges.
- Business loans from the Pollution Control Fund are expanded to a broader range of blue, green and circular economy sectors and projects.