"Review fiscal and regulatory policy in the fuel market"/ Confindustria, request to the government

2026-04-07 10:34:00, Aktualitet CNA

"Review fiscal and regulatory policy in the fuel market"/

Confindustria has requested the government to completely review the fiscal and regulatory policy in the fuel market. Through a response, it is requested to reduce the fiscal burden on fuel and annual vehicle taxes to at least the current average of the countries in the region.

Further in the reaction of Konfindustria, it is stated that the intervention with a 20% reduction in the excise duty value only when the price of oil reaches 220 lek/liter is insufficient and meaningless.

Another request of Confindustria is to begin the process of transforming the Transparency Board into a Fuel Regulatory Entity as a permanent institution. They are also said to support the proposal for the creation of a state-owned operator in the wholesale and retail fuel market.

Full reaction:

Confindustria, assessing the serious economic consequences of the dramatic deterioration of the war in the Persian Gulf, urges the executive to act without delay in a complete review of the current fiscal and regulatory policy in the fuel market.

Estimates of the Albanian economic model show that a 30% increase in the current price of fuel creates inflation of at least 6% and a decline in GDP of 2.8-3%. The above clearly creates the risk of a transition to economic recession during the period 2026 onwards.

First, it is required to reduce the fiscal burden on fuel and annual vehicle taxes to at least the current average of the countries in the Region. Albania is the only country in the region that has not undertaken any tangible mitigating measures for the fuel crisis. Intervention with a 20% reduction in the excise duty value only when the price of oil reaches 220 lek/liter is insufficient and meaningless.

The deepening difference in fuel costs with competing trading countries in the Region and beyond in the context of the crisis significantly increases the risk of bankruptcies for industries, local production, businesses, as well as multiple inflationary shocks for citizens.

Secondly, to begin the process of transforming the Transparency Board into the Fuel Regulatory Entity as a permanent professional institution against speculation in today's cartel market. Thirdly, Konfindustria supports the proposal for the creation of a state-owned operator in the wholesale and retail fuel market. The strategic fuel market with a real annual turnover of almost 2 billion dollars and accounts for close to 10% of GDP. / CNA