Numerous oil taxes in Albania

Numerous oil taxes in Albania

Albanians currently pay 7 taxes on a litre of oil or translated at cost are 115-120. This makes Albania one of the most expensive prizes in the region. And beyond that, Minister Belinda Balluk will add another tax by making the situation worse. The expert, Besart Cadia, expresses this policy affects [...]

And beyond that, Minister Belinda Balluk will add another tax by making the situation worse. The expert, Besart Kadia, says the policy directly affects the country's economic performance, while former Energy Minister Eno Bozdo emphasises that lobbyist interests are behind this draft.

In a litre of oil Albanian citizens are forced to pay about 120 leks just to the tax, and if we add Minister Belinda Balluk's new tax, the value goes to 122.

Albania has the price of oil one of the highest in the region, and in Europe, this is a direct impact on economic performance.

If we compare Albania with Kosovo and Macedonia, taxes paid in a litre of oil are twice as high.

These two countries in one litre of oil have only included T VSH and excise, while in Albania there are 7 taxes included in a litre of oil, which are accysis 37 leks, 27 leks of circulation, 3 carbon tax and 7 to 10 leks of relicensation tax.

Besart Kadia explains this situation with the lack of government concept in terms of economic policies.

What is known is that the government with a pencil crash for three months has decided that the price of oil at the end of this year is practically more expensive than any other region. Macedonia today has approximately $500 old oil tax in Albania is $1100. If oil is $1600 today, 1100 is state tax. 5-6 are taxes, the rest go to the private, which is that part of the oil brandy that citizens still pay. So it's a total lack of government concept in terms of mobileity in the economy. So if the price of oil goes up by $10 barrels, the economy slows down by 1%<18x1>, he said.

When the circulation tax was imposed from $7 to 20 dollars, when Rama was next door with Minister Cani, he said he is imposing this tax because Albanian citizens have become large, wherever they go by car. He said that citizens are lazy, driven everywhere. So they have to go more. Even now it is the same approach to communication and vulgarity with very serious economic policies because the effects do not feel today.

While the former deputy energy minister links this new fee for oil to secret lobbyist interests.

<x) So you're paying companies twice for a job they do. This has opened the government's grip on company interests. I have no proof of this and I can't say it, but my opinion is that there are strong lobbies from business-interest groups that happen. That security reserve has to be paid”, Eno Bozdo said.

The new oil reserves bill is praised by experts as a absurd one for which there has been no analysis or market study of the effects or high costs there will be.

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