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Economic journalist, Bardhi Sejdarasi, invited to the Open this Monday, explained why the price of fuel in Albania is cheaper than in the neighbors.
According to him, it is the taxes that increase the price and make it look high.
“Not only the oil market, but also the wheat market, etc., are regulated markets. Speaking of law, there is a legal mechanism of price formation in Albania. When oil is cheaper in Kosovo, I say no, that transport increases, etc. This is an approved mechanism. I have removed all additional price taxes, and Kosovo and Montenegro have ENT price regulators. We are leaving the liter of fuel only with excise and VAT, it turns out that in Albania the price of a liter of oil is cheaper. We have chosen this tax system. “Whoever earns more pays more”said Sejdarasi.
The Transparency Board has decided again to increase the price of oil, bringing it to 245 ALL per liter, from 233 this week.
The price of oil will increase to 245 ALL per liter with the decision of the board, which is expected to be made public tomorrow, ie almost 12 ALL more.
Meanwhile, the price of gasoline remains the same, at 218 ALL. The price of gas has remained unchanged at 93 ALL.
According to the Hydrocarbons Association, the decision is valid until Tuesday, at the next board meeting. It is noted that the methodology of price calculation has changed, from the initial formula that the board has followed in setting fuel prices.
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