Kosovo government gives up on spending, spends enormously on country's budget

The country's government has approved the nine-month Financial Budget Report for 2018, which will be delivered to the Assembly of the Republic of Kosovo. The budgetary costs of this period have reached the value of 1,311m and marked the 10 per cent increase, or 120m euros, more than the same period last year.

The report contains the summary of key revenues and budget expenditures during the nine-month period of 2018. In this period, budget revenues have reached 1.315m euros, marking the 6 per cent increase, or 69 million more, compared to the ninth month of the preceding year.

This amount of income represents 71 percent of the projected annual plan, while growth is largely due to the increase in regular tax revenues. The trend testifies to the flow of positive performance in private business and is evidence of improving the business environment in our country.

Artan Murati from KDI considers that the country's government has been very liberal when it comes to spending the budget.

According to him, not rarely has the government “Haradinaj” allocated local and domestic funds.

The Kosovo government has been very liberal in spending the country's budget. Decisions with budgetary implications, often unnecessary, have been made at almost every congregation meeting. The government of the Republic of Kosovo has allocated funds without much thought and good thought without conducting preliminary tests for the spent money. “, Murati said in a conversation for Indexline.

Murati says that they have spent enormous amounts of money without taking any concrete benefits, as was the case with the failure to organise an event in New York, where only the president of Albania was presented.

“due to actual non-analysis, the government has spent the budget without taking any concrete benefits, as was the case of the failure to organise a event in New York, where only the president of Albania was presented.”, he stressed.

Murati considers that in addition to the tendency to raise salaries, the government should engage and direct spending on capital expenditures.

Besides the tendency to raise wages and spend on labor trips, the Government must engage and direct spending on capital expenditures, but even in this area we have encountered trouble, losing millions for unfinished contracts.”, he added further.

The budgetary costs of this period have reached the value of 1,311m and marked the 10 per cent increase, or 120m euros, more than the same period last year. The execution of budget expenditures during this ninth month corresponds to 62 percent of the planning. The increase is especially marked by the high execution of capital investments by 6 percent and flow spending at 11 percent.