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Parliament votes today: the crisis status for oil and petroleum derivatives extends through July 20. The government declared it on March 23 due to Middle East tensions, and now wants three more months. Takes effect April 21.
What have we gotten so far? VAT on fuel dropped from 18% to 10%, state reserves released, Crisis Management Center activated. Prime Minister Mickoski claimed yesterday that reserves are unchanged - 'not a single liter consumed.' Prices, he says, will stay the same or decrease, with possible additional cuts next week.
Meanwhile, discount agreements with supplier OKTA run through the end of April. Diesel negotiations - representing 75% of consumer demand - continue. And the State Market Inspectorate's analysis shows 55 products across four markets increased by just 0.4% between February and April. Vegetables, cooking oil, and eggs, however, jumped over 10%. The average is calm, the details - less so.
An oil crisis status in a country without a refinery, dependent on one supplier and a global market it doesn't control. The question isn't whether it will be extended - but whether it actually makes a difference.
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