Citizens in Montenegro Under Price Attack! Limited Margin Action Stalled, New Measures Delayed!
Have you noticed the shelves in stores are empty of products with limited margins? Prices have significantly increased over the past two months, and the limited price action has stopped! Citizens feel the pinch, and authorities remain silent on when new measures will be introduced.
What happened to the limited price action? The action lasted until the end of April and had a short-term effect. Unions and analysts agree it helped the most vulnerable, but now it has stopped, and prices continue to rise. Citizens complain it’s hard to make ends meet as everything has become more expensive, while wages have remained the same or increased minimally.
Unions and analysts call for continuation of the action Marko Subotić from the Free Trade Unions Union points out that the action had an effect in the fourth quarter of last year when prices of basic food products fell. However, he warns that the action is not a long-term solution and that strengthening domestic agriculture and diversifying the economy is necessary.
Why have the measures stopped? The Ministry of Economic Development has not responded when the action will be resumed, leaving citizens to cope with rising prices on their own. Unions believe that stopping the action before the summer season is illogical since the budget is full then, and VAT collection is at its peak.
Domestic production as a solution? Analysts warn that the problem lies in high imports and low domestic production. Without domestic products, it is difficult to control prices. Subsidies and support for domestic producers are key to a long-term solution.
How much is needed to live? To make ends meet, a family of four needs more than two average salaries, which is unattainable for many.
Conclusion While food and basic product prices soar, citizens remain without answers and help. The limited margin action has stopped, and new measures are delayed. Will the authorities finally realize it’s time for urgent and long-term measures, or will we all continue to struggle with rising bills?
What about you? How are you coping with the price hikes? Do you think the limited margin action was enough? Share your saving hacks in the comments!
