Petrit Malaj presented in Parliament a new emergency ordinance on excise tax changes for fuel.
He said the government approved the measure to soften the impact of international fuel price fluctuations and to protect consumers.
Malaj explained that the decision responds to global market shocks linked to the conflict in the Middle East.
He added that the government immediately activated the Transparency Board to monitor prices and profit margins.
In addition, he said the ordinance reduces excise duty by 20% when fuel prices exceed set thresholds. The goal is to ease pressure on households and stabilize the market.
Meanwhile, Malaj stated that the fiscal impact so far reaches about 37 million lek in lost revenue. He said the cost remains fully manageable for the state budget.
Furthermore, he stressed that Albania’s public finances are stable and allow room for social support policies. He said the state can absorb external shocks if the global situation worsens.
He also noted that 16 meetings of the Transparency Board have taken place. Authorities have carried out 66 joint inspections, identifying several violations.
Malaj confirmed that any future crisis measures will prioritize vulnerable groups and will be consulted with the International Monetary Fund.
Finally, he reported that inflation stood at 2.6% in March, which he described as stable and within macroeconomic targets.
/a.c/
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