Minister of Agriculture and Rural Development held a meeting with representatives of flour and bread producers, after the latest move of Russia in the increase of taxes for flour that gets imported from Albanian companies. The Minister declared that such thing has no reason to happen by adding that the creation of flour stock reserves is a way to prevent bread and flour price increase. During the meeting, Minister Panariti discussed with businessmen about the creation of fiscal easing, in order to reduce their costs and boost domestic production of flour.
“For the moment I assure you that the price has not increased but we must precede inconvenient situations before we see the price increasing. There are several measures that we may apply in this case, and the most important is the increase of flour stock. Currently we possess a flour reserve for an unbreakable month of supply,” said Panariti. Albania imports about 140 tones of flour per year from Russia and this may harm Albanian companies, which are also risked by the increase of dollar currency value in international stock markets.
In addition, the Minister and business representatives discussed about other necessary measures to be taken, particularly on the creation of fiscal easing for the flour imported, in order to not allow the increase of price. “We also discussed on the idea to convert the currency from Albanian Lek to Dollars in buying flour, with the aim to have under control the prices, an idea said by one of the businessmen,” declared Panariti.
News source/photo credits: ATA
Leave a Reply
You must be logged in to post a comment.