Kosovo budget gets 11m euros from Trust

Kosovo's budget will be added to 11m euros, ahead of that from the Kosovo Pension Fund.

The demand for this additional amount was filed today at the Commission for Business and Finance by Finance Minister Bedri Hamza.

The minister's demands have been approved today by the commission members, which, in addition, has been approved demand for an additional 500,000 euros for communities and 60 thousand euros for the Kosovo Academy of Sciences and Arts.

“Based on current legislation in force is also secure an additional 11m euros for Kosovo's budget by the Kosovo Pension Savings Fund. The government has received the letter from the Kosovo Pension Fund Board, which is expected to take the decision even these means will be poured into the budget in the first three months of next year. The same issue we have discussed with the IMF because this will have reflections on the budget table 1 and will increase budget spending ceilings to capital investments even for 11m euros”, Hamza said.

He has also requested from the Commission that request be considered for the adoption of another 60 thousand euros for the Academy.

“Under the prime minister's office in the communities' section to raise another 500 thousand euros and then these are the finance ministry's proposals remains with the Commission that approves them. Above all, it's important to reflect this 11 million, that we don't really reflect this 11 million we're forced to make cuts in existing capital projects “, Hamza said.

The Commission today has considered 101 amendments to the budget of 2018.

Commission for Board and Finance Chairman Lumir Abdixhiku has said that out of dozens of requests from MPs, 101 amendments have been proposed.

“During meetings in working groups have been reviewed with dozens of requests, and exactly 101 amendments have been proposed today. These are changes to the Republic budget. You have received documentation before we will consider the amendments after the amendment, you know the amendments supported by the Commission are amendments addressed in working groups and have passed the hearings and comments of interested parties and deputies”, Abdixhiku said.