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Home ATTUALITA

Top Story: Why we do not have the same devotion to lower the price of oil when it falls on the stock exchange

by imkadmin
Mar 23, 2022
in ATTUALITA
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Top Story: Why we do not have the same devotion to lower the price of oil when it falls on the stock exchange
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The unstoppable protests seem to have put the government in a difficult position, initially declaring that it could not intervene as prices set by the market.

The Council of Ministers set up a board to periodically set fuel prices. The board consisted of representatives of the companies themselves, which brings a lack of confidence in the reflection of real prices in the market as a reflection of the stock market.

On the other hand, the stock exchange opens and closes every day with different prices, it does not make sense for the price in Albania to be fixed the same for several days. It is a fact that even when the stock exchange prices reached the value of November 2021, the price in Albania still remained about 30 lek more expensive than that period.

“What should and is not done in our country is that the institutions should intervene and make the necessary investigations to at least keep the situation under control. Absolutely we will have continuous growth. Prices will continue at least until the end of March to recognize increases. “Because it is both war and pandemic situations that have initiated this growth,” said economic expert Vjoldi Danaj

“I really do not understand how devoted we are to raise unargued and immediate prices as if there were no deposits, no liters of oil in the deposits. The most missing logic is that when the stock market increases, the price automatically increases in Albania, when the stock market decreases we will need two months to reduce the price because we have deposits. Why did we not have a deposit when the stock market grew? ” said Nikolin Jaka, Tirana Chamber of Commerce and Industry

“Apart from the known taxes, there are also secret taxes that unfortunately the government does not see and is in a comfortable position, increasing budget revenues at the moment without any commitment to fiscal performance,” said Zef Preçi, economics expert.

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