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The Minister of Economy, Delina Ibrahimaj and the Minister of Agriculture, Frida Krifca in a statement to the media this Friday spoke about the increase of food prices and agricultural inputs.
Ibrahimaj stressed that no abuse by businesses will be allowed.
“Tomorrow we will continue the meetings in order to close a process for the instrument that will make transparency about the prices of basket products in retail outlets. This is an unusual situation, in which we would not want to intervene and that needs monitoring. The war creates uncertainty and has led to high price increases for some basket products.
These prices do not in all cases indicate an increase in prices in international markets. The purpose of the board is to determine the instrument that will control prices and will not allow them to rise inconsistently with those of imports.
The market is not easily monitored, some of the traders are direct importers, some are processors and some are packers and sellers. The board will be tasked with monitoring production costs for all major traders and monitoring profit margins.
The companies present at the meeting today have agreed to have a minimum profit margin on the most important basic products. We can not control the price, it comes from imported inflation. In the following we will inform about all the activity of the board and the monitoring instrument.
There will be a mechanism that will determine how retailers will be controlled to prevent abuse. We have set a guarantee that will be used by the main traders to guarantee their purchases so that the products are not missing in the medium term “, said the Minister of Economy.
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