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Home ATTUALITA

“Review oil taxes” / Expert suggestion after the increase in fuel prices

by imkadmin
Shk 3, 2022
in ATTUALITA
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The government should take action and review fuel taxes. This is the opinion of the economics expert Zef Preçi, according to whom the increase in their prices is aggravating the costs of the citizens.

Their strong growth, he adds, is not only related to prices in international markets, but also to the lack of control in the domestic market.

“In today’s conditions, I consider it important to open a dialogue process with business in order that the prices of heavy fuel fuels that are important do not increase due to the fiscal policies pursued. To be able to review the abolition of taxes imposed in the conditions of difficulties that the country has had, to aim at a kind of standardization that makes the country more competitive so that consumers do not become poorer.

While the forecasts speak of further increase in fuel prices, Preçi appeals for support of the needy and strengthening the role of institutions to avoid abuses.

“No one can predict how long this increase will last. This situation makes it necessary to harmonize fiscal and monetary policies. The role of regulators is closely related to weighing because price increases lead to deteriorating quality, it is related to market regulation. There is a need for entities that monitor the situation in the markets, such as directorates and the Competition Authority. “

The rise in prices for oil and other fuels affects both businesses and individuals. There are currently nearly 567,000 vehicles in circulation across the country using diesel and gasoline that are already paying more and more for these products.

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