The government spent 442m euros for three months

The government spent 442m euros for three months

The Kosovo government for three months has spent 442m euros, the Kosovo Statistics Agency has published Kosovo Government Accounts today on a quarterly basis. This publication represents the revenue mirror and government spending within this period (TM3 2017). The total of government revenues for the third quarter 2017 were [...]

The Kosovo government for three months has spent 442m euros, the Kosovo Statistics Agency has published Kosovo Government Accounts today on a quarterly basis.

This publication represents the revenue mirror and government spending within this period (TM3 2017).

The total amount of government revenues for the third quarter 2017 was 510.5m Euro.

Most of the revenues are taxed on products, which represent 74% of total revenues, while the rest of the revenues have been distributed into other income categories.

At TM3 2017, the total of government spending was 441.9m euros.

Much of the expenditures constitute compensation of workers (31%), gross capital formation (27%), social contributions and benefits (21%), and intermediate consumption (.8%).

While the remainder of expenditures have been distributed into other expenditure facilities.

 

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