
The Transparency Board can be dissolved, but the decision must be taken by the Ministry of Finance. This is the response of the Minister of Infrastructure, Belinda Balluku, when asked if there should be a Transparency Board for fuel prices.
According to Balluk, the decision to remove the Board would be welcome, but the government will continue to monitor fuel importers and traders.
"The board does not intend to reduce costs, but transparency. The board does not set or raise or lower the price. But it makes the methodology transparent. That there is a stock exchange and through this methodology the ceiling price is set. Not even the ball moves the stock market. The board meets when there is a price change. We cannot decide when the board meets." said Balluk.
"Since the price has stabilized, we have a discussion about stopping the operation. It belongs to the Ministry of Finance and will be welcomed as a decision. The state will monitor even if the board does not exist." concluded the minister.