Kosovo curbs fuel price increase - Minister of Trade: We aim to protect consumers
Kosovo's Minister of Trade, Mimoza Kusari-Lila, has signed the decision to set the prices of petroleum products, following the sudden increase in fuel prices as a result of events in the Middle East.
According to the minister, this decision was necessary to protect consumers and guarantee fair and honest competition in the local market.
The decision comes after continuous surveillance of the oil market, analysis of daily records by Kosovo Customs and reports from the Central Inspectorate for Market Surveillance, where it was found that price increases from imports were immediately reflected in sales prices.
Referring to the decision, the maximum trade margin allowed for wholesale sales will be up to 2 cents per liter, while for retail sales up to 12 cents per liter.
The Minister of Trade emphasizes that inspectors will be on the ground to supervise the implementation of this decision. Meanwhile, any violation or non-implementation of this decision will be dealt with according to the legislation in force.
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