Gerjaliu warns price cuts this spring: Political Stability Needed

Gerjaliu warns price cuts this spring: Political Stability Needed

The former head of the Kosovo Economic Ode, Safet Gerjaliu, said that in the spring of this year we are expected to have economic recovery. Gerxhaliu stressed that by early April of this year, there is expected to be a trend of inflation and also price reductions, counting on a series of factors that will [...]

The former head of the Kosovo Economic Ode, Safet Gerjaliu, said that in the spring of this year we are expected to have economic recovery.

Gerxhaliu stressed that by early April of this year, there is expected to be a trend of inflation and as well as price cuts, counting on a series of factors that will impact.

“I believe that we have to have optimism for 2023 because there are some indicators that donate optimism, which will have positive moves in the first place, after the rise of the Russian import price of oil in Europe is a easier breath, in second order climate conditions and the heat that has engulfed Europe has added to the gas reserves that have not been exploited, and this is a strategic product that has influenced the European Standard”, Online Economy said.

The third is the cost of transportation spending, until last year for a container from Asia, it's paid about $20,000 today, and I believe that as of March or early April 2023, we're going to have rates or trends of inflation, but I believe that even prices”, he said.

But the truth is that external trade psychology teaches us that prices rise rapidly, but a lot more slowly back into the initial stage. But definitely the spring of 2023, despite what expert predicts there will be a recession in Europe, I believe it will be the beginning of an economic recovery”.

Geryliou added that guarantee for economic stability in Kosovo should also be political stability, calling it necessary, EO reports.

“needs to be understood that inflation does not cause the government, but must find measures to lower the inflation rate in Kosovo and prices. In this direction Kosovo is going into crisis this year and I believe that if this reality is accepted it will be easier to fight inflation, the truth is there will be numerous challenges, but the guarantee of economic stability in Kosovo should be political stability because without a political stability it will be very difficult to have positive prognosis”, he said.

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