NOVEMBER PROTESTOSCOPE / The elder of the DP follows every gathering of people, Rama receives news from the government

 Kliko këtu për të tjera
Voxpress:

Transparency Board may become permanent, government warns of strong controls on oil prices

2026-11-04 11:15:51Aktualitet SHKRUAR NGA REDAKSIA VOX
Transparency Board may become permanent, government warns of strong controls on
Minister Petrit Malaj in the Economy Committee

The government will exercise strict controls and is even considering the possibility of the Hydrocarbon Transparency Board always existing, in order to reflect the price reduction after the shift of the circulation tax from fuel to vehicle taxes.

 "There are several mechanisms that are being considered by the government. First, we are thinking about monitoring oligopoly markets such as the hydrocarbon market, which will be monitored to reflect the reduction in the turnover tax by 32.4 lek. It is being discussed whether there will be a permanent Transparency Board to monitor hydrocarbon prices," said Malaj.

 In the Economy Committee, Finance Minister Petrit Malaj, while answering MPs' questions about the fiscal package, said that there will also be increased monitoring for food products. There are 54 products that should cost Albanian consumers less from January 2027, just from the reduction of VAT on food from 20% to 6%.

 "At the same time, we are also using technology to analyze prices from the manufacturer, the importer to the market, to see prices so that VAT is reflected," said Malaj.

 The Minister also rejected claims that increasing the standard VAT by 1% will bring more money to the budget than reducing the VAT on food.

"The increase in the standard VAT tries to compensate for the VAT reduction that we will make for the basket products, and does not fully cover it. The increase in VAT to 21% brings 10.6 billion lek to the budget, and from the reduction in VAT for food, the loss is 12.8 billion lek," said Malaj.


Në përputhje me standarded JTI

Video

SHIKO KANALIN NE YOUTUBE
×