OEK for energy price increase: We're becoming hopeless.

OEK for energy price increase: We're becoming hopeless.

The rise in the price of electricity is jeopardising citizens' businesses and living standards, estimates Kosovo Economic Ode Chairman Lulzim Rafuna. He said Kosovo is becoming a hopeless country. According to him, the 16.1 percent increase in electricity prices is negatively affecting purchasing power, while the release to the free market [...]

He said Kosovo is becoming a hopeless country.

According to him, the 16.1 percent increase in electricity prices is negatively affecting purchasing power, while free market access has increased the price of energy to 400 percent, adding that this situation can lead to business closure, increasing unemployment, and further poverty of citizens.

That's a lot. Also, there is a lot of free market exit, where 200 ʹ400 percent has gone by, but if this stubbornness continues to keep businesses on the free market, there will no longer be spoken of 400 percent but there will be no percentage that will stop the price of electricity. We import energy. Along with him, we import the prize. Business will not be shut down, but it will no longer be able to exist under these conditions and circumstances.

For this reason, the 16.1 per cent increase for Kosovo citizens has not been the right increase, because it has impoverished and reduced its living standard. Business is punished because it has no purchasing power. When no business can perform. That's why we're against raising the price of electricity, even for the family economy, or for business”, Rafuna said eo.

He warns that the most serious consequences will be felt in the cold months, when energy consumption increases significantly.

He adds that local producers are losing competition in the face of imported products, while exports continue to decline.

If businesses shut down unemployment, Kosovo is becoming a hopeless country. Citizens don't notice now because we don't spend much. Most of the price will be observed by the beginning of October, when the weather is colder and energy consumption begins. Then the citizen will notice, but business too. If we become a place that everyone will exploit, everyone will sell us, we won't have production. It's the latest data: only 13 percent of it is imported. We're stuck, we even have a drop in exports. In five months there are 1.6 billion imported.

To increase the price of electricity is the operational cost of each manufacturer and will be the most expensive product. It will not be competitive with imported product and other states will have no interest in domestic producers”, Rafuna said. /Periscope/

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