Food price rises, Ministry of Finance: This situation will last more than a year

“Flour, rice, sugar and sunflower oil”, these are the products that the Board set up by the Ministry of Finance will keep under monitoring, so that they do not grow out of control.

According to the Minister of Finance, Delina Ibrahimaj, the Board will take a decision on the prices of these 4 products and in the market they will not be sold at a higher price than the one set by the board.

“We will determine the formula for determining prices. The Food Board has decided to monitor 4 products on April 1. So flour, long grain rice, sugar and sunflower oil. The profit margin will be determined and applied. We will come out today with some reference prices. It will not be with a higher price than the one decided by the Board, the prices will be published today “said Ibrahimaj.

Among other things, Ibrahimaj said that Finance is also discussing agricultural inputs and sovereign guarantees.

Meanwhile, according to the minister, inflation with the increase in the price of products will last more than a year, so according to her, the boards were set up.

“Inflation will last longer, longer than this year. That’s why the boards were set up. “said Ibrahimaj.

/abcnews.al