Government benefits 15m euros additional from oil price hike

Government benefits 15m euros additional from oil price hike

Following the opposition and the business community's demand for the removal of the excise for fuel, the government's first deputy prime minister, Besnik Bislimi, has said on Tuesday that their demands are charlatanism and the tendency to hurt the country's basic interests. Bislim even announced that in the first five months of this year, only [...]

Bislim even disclosed that in the first five months of this year, only 15m euros are in excess of rising oil prices.

While according to him, government support for citizens is much higher, 100m euros.

“is proposed to remove excise and T The VSH in oil import as a move to solve problems because the government has been enriched by the rising price of oil on the international market. In the first five months of 2022, the government has collected exactly 15m euros more from imports of oil derivatives. Meanwhile, he has returned citizens to compensate for the damages of just 100m euros for the measure. So the government hasn't been enriched. The government has received an additional 15m euros from the increase in oil prices, meanwhile, citizens to meet the additional cost has given 100m euros or 7 times the amount the government has collected additional. It's without maturity, it's ignorance and it's charlatanism, saying the government should take measures that it has received an additional 15m euros”, Bisilim stressed.

These comments, Bislimi made at the “table the impact of attracting pension savings to 30% in the Kosovo economy” organised by the GAP Institute.

Bislimin has further said that the demands of Western-graders of the economy have no logic.

By now running out of gym economists who say they have Western diplomas and ask for excises removed, you can encourage citizens to consume as much oil as possible from the Middle East, it is not just a lack of knowledge. We all know it's irrational, but it's a kind of open trend to damage the country's basic interests and make the state dysfunctional”, he stressed.

While on the Kosovo market, fuel prices have been expensive record, 1.86 euros to 1.90 euros per litre. /kp/

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