2 minutes agoHamza: With the 2019 budget, the country's economic growth will be 4.7%
Periskopi(8 years ago)
(8 years ago)Finance Minister Bedri Hamza, at the Kosovo Assembly session, said the budget for 2019 would be 2 billion and 80m euros. Hamza during the budget presentation, added that economic growth over the next year will be 4.7 per cent. “Financial opportunities are limited, but that should [...]
“Financial opportunities are limited, but we need to maneuver within these current possibilities. The country's economic growth according to the measurement of the Bruto domestic product will be 4.7 per cent, while unnimally will be 5.4 per cent supported by consumption, investment and consumption”, Hamza said.
He said that revenues have increased by 7.3 percent, while expenditures are 265m euros more.
Inflows for 2019 will be 1 billion and 949m euros, an increase of 7.3 percent, where there will be 7.7 percent more of the tax revenues, while in direct revenues there will be 8 percent. As far as omitative revenues are concerned, it will be the same at the central and local level, as municipalities have not shown enough performance. The significant increase will be in capital investments. The increase will be local, grant revenues and 265 million more”, he said.
According to him, current expenditures have increased by 13 percent and capital investments by 11 percent.
