2 hours agoFearing that crisis in Ukraine will affect costing oil and flour in Kosovo
Periskopi(4 years ago)
(4 years ago)The crisis in Ukraine, after annexing its two regions from Russia, will have direct impact on the European economy, as well as on Kosovo. MP PDK, Ferat Shala, says oil, wheat and metal derivatives are expected to be more expensive. “are products that will affect economic development base”, Shala said, [...]
“are products that will affect economic development base”, Shala said, for Online Economy.
The situation of the war in Ukraine, or the Russian bombing in Ukraine, will reflect not only on the part where the fighting is under way, but also on the entire European economy and beyond. In Kosovo, it will reflect very soon on the establishment of oil derivatives”.
It is also expected to expensive flour and metals, as Ukraine has (after) developed the heavy metal processing industry.
The “is possible due to the large imports the region has had from Ukraine with wheat. One contributing factor has been supply to the region's heavy metal market because the heavy metal processing industry has been highly developed”.
These prices of electricity will make the lives of citizens in Kosovo even more difficult, along with the economic growth of electricity prices.
PDK seeks investigative commission to expensive electricity
While talking about expenses, MP Shala reiterated the PDK's stance that the Energy Regulatory Office's decision ( ZRERE has been made through an untransparent and highly flawed process.
He announced that the PDK has sought to form an investigative commission.
This process has been verified has been irregular, nontransparent and with many defects. There's no clarity and no real decision making. The damage is huge. Tens of hundreds of millions of euros in the Kosovo budget”.
“We are asking that an investigative commission be formed so that the whole process will be transparent and citizens will know how, as well as where their tools are going”, Shala said.
