The International Monetary Fund (IMF) has recommended to the Serbian authorities to conduct an in-depth analysis of electricity tariffs in order to possibly adjust prices in order to cover the costs of that sector, the IMF told Tanjug today.
An in-depth assessment of tariffs, as explained in that world financial institution, is needed in order to “ensure full coverage of costs, including the costs of increased reliance on renewable energy sources and investment needs to ensure adequate production capacity.”
“Such an assessment is included in the Instrument for Policy Coordination of Serbia (PCI) with the IMF. At the same time, we emphasized the need to consider the social implications of a possible adjustment of electricity tariffs, especially the impact on vulnerable households,” the IMF told Tanjug.
The Serbian authorities, the IMF notes, are “currently estimating electricity tariffs with the aim of possibly implementing tariff adjustments later this year,” adding that the Fund “does not have any preliminary results from that analysis at this time.”
Pokeda’s domestic media recently announced that the price of electricity could increase by slightly less than 8% from September, and the Energy Agency of Serbia (AERS) told Tanjug that they have not yet received any request to change the price of electricity.
EPS, before making such a request, consults the government, and when the proposal for a change in the price reaches AERS, that body, as an independent, makes the final decision on the increase in the price of electricity, Alo reports.
