24 minutes agoMF predictions: The local economy is expected to grow by 4.3 per cent
Periskopi(8 years ago)
(8 years ago)The Ministry of Finance, aimed at establishing fiscal transparency and informing the public, has made the rotating publication of the Makroeconomic Mirror for July (September 2018). From published analysis, according to the Ministry of Finance, it is seen that the local economy is expected to grow by about 4.3% by 2018, in real terms, this growth will [...]
From the released analysis, according to the Ministry of Finance, it is seen that the local economy is expected to grow by about 4.3% during 2018, in real terms, this growth will continue to be driven mainly by investments, exports and private consumption.
“Must be singled out growth trend of the consumer and export component of services that are expected to have a significant role in BPV growth. Special contributions to this growth of economic activity are estimated to have come from fiscal reforms, as well as structural reforms undertaken over the preliminary period”, the report said.
Under fiscal transparency, the Ministry of Finance also on a monthly basis made up-of-the-art updates of the Kokore Serive notes, where detailed high-frequency information is provided for the local and central level on admissions (interferences) and fiscal payments of the Government of the Republic of Kosovo.
The Ministry of Finance will continue with these publications as a good basis for professional analysts, for students, for media and citizens in general, as a good possibility of monitoring the government's fiscal performance on a monthly basis, for a period over a decade”, it is said at the end of the announcement.
