Politics Causes Major Loss to Public Companies

Politics Causes Major Loss to Public Companies

  Of 17 central public companies, 12 have closed 2016 with losses. According to internal reports on the performance of public enterprises and audit reports, these companies have downplayed it from declaring independence here, respectively, with the passage of their management by the Government's Kosovar Trust Agency [...]

 

Of 17 central public companies, 12 have closed 2016 with losses. According to internal reports on the performance of public companies and audit reports, these companies have taken down from the Kosovo Government's declaration of Independence, as they pass their management, respectively.

From profitable companies that once filled the state budget chest, they have become “welcome” for employing party militants, for the benefit of individuals and certain interest groups, writes today “Koha Ditore”.

This has also been witnessed in permanent agreements by political parties for the ruling coalition, where, in addition to the division of ministers and deputy ministers, it is also decided on the division of office in public enterprises.

Political appointments to management boards, employment without criteria, malmanagement, increased operational spending over a decade, failure to comply with global development trains, and the lack of adequate investment has affected companies to face serious financial situations.

Anti-politicalisation of nepotism, besides civil society, has been declared international institutions, which have urged institutions not to put their hands on public enterprises.

 

Related
Counting over 87% of votes by mail, result is

Counting over 87% of votes by mail, result is

Vance shows reasons why the US-Iran Agreement text has not yet been published

Vance shows reasons why the US-Iran Agreement text has not yet been published

American gas, Goran for Kurt's statement: To say to the United States, I have a better idea.

American gas, Goran for Kurt's statement: To say to the United States, I have a better idea.

Bernardo Silva at Real Madrid, the amazing numbers of the contract are detected.

Bernardo Silva at Real Madrid, the amazing numbers of the contract are detected.

Incident in Fushesh Kosovo: There's one person, arrested suspect

Incident in Fushesh Kosovo: There's one person, arrested suspect

Dead bullet damaged a car in Pristina

Dead bullet damaged a car in Pristina

Former Portuguese national star: Portugal will do its best to win the World in honour of Ronaldo

Former Portuguese national star: Portugal will do its best to win the World in honour of Ronaldo

Caused with hand racing, police provide details about the Prizren explosion

Caused with hand racing, police provide details about the Prizren explosion

Schieder Eurodeput: Albania May Be Future History of EU Enlargement Success

Schieder Eurodeput: Albania May Be Future History of EU Enlargement Success

Big European national coach to resign shortly after World

Big European national coach to resign shortly after World

Lushtaku hits Dejona Mihali: How can the VV and its power in Kosovo be run by a suspicious Greek?

Lushtaku hits Dejona Mihali: How can the VV and its power in Kosovo be run by a suspicious Greek?

"computer warned suspect's father", FBI arrested five people planning terrorist attacks near the White House

"computer warned suspect's father", FBI arrested five people planning terrorist attacks near the White House

Warning of tropical storms in the U.S.

Warning of tropical storms in the U.S.