Vujanovic: Petrol prices to decrease in the next few days

Vujanovic: Petrol prices to decrease in the next few days

Vujanovic: Petrol prices to decrease in the next few days Izvor: N1

The Federation of Bosnia and Herzegovina (FBiH) entity’s Trade Minister Zlatan Vujanovic said the Ministry had already sent a request for the reduction of petrol prices. After a meeting with petrol distributors in FBiH, he said he expects a reduction of at least BAM 0.05 (around EUR 0.025) to take place Wednesday.

“Further petrol price increase is out of the question. Petrol distributors in FBiH have expressed goodwill to decrease their operational costs, thus decreasing petrol prices,” Vujanovic said.

He stressed that distributors are aware of the citizens’ discontent caused by high prices and added that there is a legal possibility for FBiH government to intervene in the petrol-price formation.

“It is an instrument we don’t like to use and it is used only as a last resort,” Vujanovic confirmed.

He added that not all distributors are in the same position and thus their possibilities to decrease prices also vary.

The FBiH Trade Minister recalled that petrol from FBiH commodity reserves is used only in crisis situations and that currently, they only have limited amounts of petrol.

Citizens across Bosnia and Herzegovina have been protesting in the past few days, blocking traffic in major cities for one hour, thus expressing their discontent with the price hike which has increased three times in the course of 2018.

(BAM 1 = EUR 1.95583)

Comments (0)

Comment sent successfully.

Comment sending failed.

Invalid CAPTCHA

* All fields are required

MOST POPULAR

NAJNOVIJE

READ MORE

NEWS

NEWS

Dodik tells Putin that Bosniaks condition government formation with NATO road 17.01.2019.

17.01.2019.  |  NEWS

NEWS

NEWS

Foreign embassies in Bosnia: Further delay of authority formation unacceptable 17.01.2019.

17.01.2019.  |  NEWS

NEWS

NEWS

Facebook takes down anti-NATO pages linked to Russian news agency Sputnik 17.01.2019.

17.01.2019.  |  NEWS

NEWS

NEWS

HRW warms of discrimination agst minorities, slow war crime processing in Bosnia 17.01.2019.

17.01.2019.  |  NEWS

NEWS

NEWS

Fmr Bosnian Croat forces' member demands pecuniary compensation from the state 17.01.2019.

17.01.2019.  |  NEWS

NEWS

NEWS

Greek PM survives no-confidence vote, deal with Skopje to be ratified 17.01.2019.

17.01.2019.  |  NEWS

NEWS

NEWS

Russia’s Putin arrives for a day visit to Belgrade 17.01.2019.

17.01.2019.  |  NEWS

NEWS

NEWS

Migrants use handbrake to stop train and run away 17.01.2019.

17.01.2019.  |  NEWS

loader