President of the Institute for Public Policies and Good Governance talked about what had struck him as odd in PM Edi Rama’s recent public message when he tried to warn the general public about the forthcoming crisis in the energy sector.
“It’s the first time I hear a prime minister try to spread panic. The fact that prices fluctuate is well-known, that is why we have a stock market, but the government needs to clarify whether this will be short-term or not,” – said the former finance minister.
According to Malaj, in cases of short-term fluctuations, the government turns to its strategic reserves, in order to prevent the variations in prices.
In addition, Malaj argued that Rama’s fearmongering, whether intentional or unintentional, produces a negative effect because it halts consumption.
In similar situations, what is crucial according to Malaj, is protecting the social column, because “a large portion of our population risks falling from relative poverty to absolute poverty”.
Malaj also added that the rise in oil prices has been warned for a long time now, and he accused the government of being incapable of managing these kinds of situations.
The former minister of finance also noted that when it comes to our international partners, everyone considers Albania a ‘captured state’ and all the research is alarming when it comes to the risks facing the economy of a captured state.
Rama’s administration, according to Malaj, has ‘captured all the basic sectors’ while choosing a model of growth that is based on a small number of companies, i.e. an oligarchic model.
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