Over the past three years, state debt doubled

Over the past three years, state debt doubled

Kosovo state debt has doubled over the last three years of LDK government- PDK, writes Koha Ditore today. By March of this year, the state debt has reached 942m and 700 thousand euros, or 15.02 percent of Bruto Product (GDP). Although at the beginning of the prime minister's appointment in [...]

Kosovo state debt has doubled over the last three years of LDK government- PDK, writes Koha Ditore today.

By March of this year, the state debt has reached 942m and 700 thousand euros, or 15.02 percent of Bruto Product (GDP).

Although at the start of receiving the mandate from incumbent Prime Minister Isa Mustafa, the state debt rate was 10.63 percent of GDP, it has already risen to 4 degrees higher.

The trend of increased state debt is envisioned to grow. By 2020 it is projected to reach 21.6 per cent of GDP, growth means a debt the annual state budget. (Koha.net)

 

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