Fuel prices go up, Premier seeks public debate on price rises

The gas stations in the morning of May 26 increased the price of gasoline by 0.6 lei and of diesel fuel by 1.10 lei on average. In connection with the rise in fuel prices, Prime Minister Pavel Filip asked to immediately launch a public debate on the issue, by engaging energy sector companies and civil society in it. According to the Government’s press service, the debate is needed for transparently examining the validity of the arguments invoked for increasing fuel prices and the economic opportunity of the rises, IPN reports.

In a letter addressed today to the administration of the National Agency for Energy Regulation, Pavel Filip asks for clarification as to the implementation of the legislation concerning prices in the energy sector. The Premier says he fully respects the Agency’s independence and realizes the crucial importance of regulating the oil prices by it in accordance with the law. Therefore, the price formation method in Moldova must be correct and transparent. This is the reason why a solid public debate, with clear economic arguments, is needed with all the relevant economic and social factors.

The Premier said he will continue to insist on ensuring transparency in the method of forming prices and equity in their formation. Pavel Filip considers the people have the right to know to what extent the arguments invoked by the oil companies for increasing prices are justified and if some of the key decisions with impact are opportune.

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