The latest increase in fuel price in Montenegro has hit all-time high whereas estimations say high prices will continue.
While the 2011 and 2012 government run by Igor Luksic adopted a range of measures in order to protect the standard of citizens, the outgoing government of Zdravko Krivokapic doesn’t react at all. They rather open ski resorts, recruit people in management jobs, announce new vacancies, make new decisions concerning citizenship, without even considering the new levies on citizens.
Recall, the 2011-12 oil price rise in the global market was triggered by a crisis in this industry, as well as by the geopolitical trends that almost every time affect the price of energy.
Having in mind the fact that every price rise endangers the living standard of citizens and causes decrease in consumption thus reducing the state’s fiscal revenues, the then Government of Montenegro undertook activities to minimize the adverse effects of oil price rise on both citizens and industry.
However, the outgoing Government of Montenegro doesn’t seem to show the slightest interest in limiting fuel prices, proposing the reduction in excise taxes, VAT, levies and all those items the citizens and industry are paying.
The Ministry of Finance and Social Welfare may propose the reduction in excise duty on petrol by introducing amendments to the Law on Excise Duty, which would be the simplest way to help the citizens and industry.
But nothing’s happening and no one from the government is even talking about it.
