The increase in excise duty of petrol will increase food prices

We think that this increase in excise duties will lead to the disruption of economic activities and purchasing power in general, ie this may have the opposite effect from what this measure aims to do , because reducing the purchase of citizens and activities of transport, import and export in parallel will reduce the level of revenues in the state. Also, in addition to the increase in food prices, which has already happened, the status of inflation in the state may occur and be cemented, because due to the increase in fuel prices, inflation may occur – said Mr. Nebi Hoxha.

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