North Macedonia’s three main cooking oil manufacturers are not experiencing any problems in production or supply of sunflower oil, despite retail prices going up, according to Minister of Economy Kreshnik Bekteshi, transmits MIA.
If necessary, Minister Bekteshi said, the state would find ways to offset cooking oil price hikes caused by prices rising in the stock exchanges. “We have already reduced VAT to 0% for basic foodstuffs,” he said, adding that the Ministry of Agriculture, Forestry and Water Economy may offer subsidies for domestic producers.
You sent According to Bekteshi, the country’s cooking oil reserves were adequate and deliveries from local manufacturers to retailers were uninterrupted.
If any retailers stockpiled sunflower oil instead of displaying it on their shelves, he said, the State Market Inspectorate would take the appropriate measures in line with the Law on Consumer Protection.
