Deputy PM for Economic Affairs Fatmir Bytyqi said Wednesday the government will recommend electricity prices not to increase, adding that, however, it isn’t in charge of reaching a decision.
“Regarding electricity price hikes, we should leave it to the Regulatory Energy Commission. We, the government, are working, listening and following the situation and we’ll recommend electricity price not to increase, but it isn’t up to us to decide. It is the Regulatory Energy Commission in charge of making such decision. However, we’ll work to improve the situation in the energy sector, to invest in renewable energy sources and in green living,” Bytyqi told reporters after a visit to a local company in Kochani.
He said he was content that all trends in the economy are positive – industrial production in April rose 46%, almost the same level as in 2019, which is considered one of the more successful year.
Revenue collection, Bytyqi said, records phenomenally good results. “We have 200 million more revenues in the budget than we initially projected it,” he stated.
The government has been monitoring developments and if necessary, it will create additional measures as assistance, according to him.
Regarding public debt, Bytyqi said that according to projections, it will be maintained at this current level until 2025 before it starts dropping as it is expected GDP to grow.
“Our citizens and our children shouldn’t be concerned about public debt increase as long as the money we take is for their future, for better life. Stronger economy means more powerful economy to address the consequences from possible new debts,” the Deputy PM said.