"If the price on the stock exchange goes down, it will go down here too", Ibrahimaj after the establishment of the Board and the formulas that followed: We have economic growth! Food prices have fluctuated, but we are seeing them

The Minister of Economy and Innovation, Delina Ibrahimaj, stated that the Albanian economy recorded a growth of 3.8% in the last quarter of 2025, exceeding the European Union average of 1.4% and that of the Western Balkan countries of 3%. According to her, this result confirms the sustainability of the economy and its positive performance in relation to the region and beyond.

During the press conference, special attention was also paid to the functioning of the Transparency Board, which has been reactivated to monitor and control fuel prices in the country.

Ibrahimaj said that the authorities have been continuously monitoring market fluctuations, noting a period of stability at the end of February, followed by a significant increase during March, when the price of oil reached 215 lek per liter. In this context, the Board, according to her, has intervened to determine the ceiling prices for fuel trading, based on a previously approved formula, which takes into account international stock exchange prices and trading costs.

"We have been careful in the daily monitoring of fuel prices and we have seen for a long time, since the end of February, a situation that was stable. Where the price was 173 lek, we had price fluctuations in March, where the price at the maximum reached 215 lek. Looking at the maximum, we have seen an increase in the price of oil, while as far as the stock market and stock market prices are concerned, the stock market price from February to today has increased by 97%.

"Yesterday we convened the Board together with the Minister of Infrastructure and Energy and other board members to discuss prices and set maximum trading prices. The mechanism used is a formula that is based on the normative act that was undertaken in 2022 when we had a similar situation," said Ibrahimaj, further emphasizing that in parallel, institutions are also carefully monitoring the performance of food product prices, which have shown recent fluctuations.

The ministry announced that monitoring has been undertaken through relevant structures, with the aim of protecting consumers and minimizing the impact of price increases, especially on the most vulnerable segments of society.

Excerpt from Ibrahimaj's speech:

We have been careful in daily monitoring of fuel prices and we have seen for a long time, since the end of February, a situation that was stable. Where the price was 173 lek, we had price fluctuations in March, where the price at the maximum reached 215 lek. Looking at the maximum, we have seen an increase in the price of oil, while as far as the stock market and stock market prices are concerned, the stock market price from February to today has increased by 97%.

Yesterday we gathered the Board together with the Minister of Infrastructure and Energy and other board members to discuss prices and set maximum trading prices. The mechanism used is a formula that is based on the normative act that was undertaken in 2022 when we had a similar situation. Which is based on the daily stock exchange prices of the previous day and a calculation is made of all fuel trading costs by adding a margin of 3 lek for the majority and 12 lek for the minority. The margins are minimal, they are not profit margins, they are to cover the main expenses that the companies have.

With the establishment of the Board, we will continue to monitor prices continuously. Our goal is that in a situation where prices are increasing, we will be transparent and not allow any abuse. We are also paying the same attention and supervision to the prices of the food basket, which have fluctuated in recent days and for this reason, we have not only started daily monitoring, but we will also start a more in-depth monitoring through the Market Surveillance Inspectorate.

Our goal is to ensure that the effects of the war have as little impact as possible on Albanian consumers. Monitoring will be continuous as our concern is to ensure that there are no abuses and that the incomes of Albanian families are not reduced, especially those families that cannot afford price increases, here I am talking about pensioners and the needy.

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