Kosovo post office in serious financial condition

Kosovo post office in serious financial condition

Kosovo Post Chief Chief-in-Charge Sejj Hoxha said there has been reductions of losses and spending year after year in Kosovo. The “has had a financial loss cut every year”, he told RTK. He suggested that they are the only companies that have reduced wages, in 2017 we had wages [...]

The “has had a financial loss cut every year”, he told RTK. He suggested that they are the only companies that have reduced wages, in 2017 we have had wages of 9 million and 52 thousand euros. So for every year we've had staff reductions. We still need workers in sports and field”, he stressed.

Hoxha suggested that about 70% of wages are for expenses. “The solution is to increase services and products”, he said. According to him, providing services from Kosovo's Post institutions will be helping to carry out services.

And the adviser to the Ministry of Economic Development, Ibrahim Rexhepi, stressed that every year there has been a deterioration of performance, and of the trend of public enterprises. According to him, there was no rationalization. High wages are also a problem. “The share of the companies is in loss”, Rexhepi said.

Rexhepi estimated they are not to put thousands of workers on the streets in Kosovo's public institutions. According to him, public companies should give ideas on how to get out of this situation, not endangering the market.

For the Kosovo Post, Rexhepi said there must be a solution.

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