Albanian PM outlines plans to deal with energy crisis


Tirana:
Albanian Prime Minister Edi Rama has spoken of his government’s emergency plan to address the expected energy crisis, saving the most vulnerable Albanians, consumers and small enterprises, first.

In a statement issued on Saturday, Rama announced that the energy crisis recovery plan would be based on three main pillars, including guaranteeing sustained energy power, protecting households and small enterprises from inflated prices, Xinhua news agency reported. and involves the purchase of financial means to purchase energy.

According to the prime minister, the government’s plan excludes any increase in prices for households and small enterprises.

The Albanian government, Rama noted, will allocate 200 million euros ($231 million) to address the crisis, with half going to an energy distribution company and the other half to guarantee uninterrupted energy supply and avoid price hikes. Will go

He reiterated that Albania is currently buying energy at a higher price than it can sell, due to the fact that the country buys energy during times of drought and sells it during wet seasons.

Rama on Friday announced the government’s decision to declare a state of emergency for the country due to the lack of energy expected of high energy prices in international markets.

Disclaimer: This is a news published directly from IANS News Feed. With this, the News Nation team has not done any editing of any kind. In such a situation, any responsibility regarding the related news will be with the news agency itself.



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