Government spent over 400m euros for three months

The Kosovo Statistics Agency (ASK) has published Kosovo government accounts on a quarterly basis.

It says that the total amount of government revenues for the first three months of 2018 was 408.5m euros.

“This publication presents the government revenues and expenditures mirror within this period (TM1 2018)”, says the notification.

Most of the revenues, however, are said to make up product taxes, which represent 63% of total revenues, while the rest of the revenues have been distributed into other income categories.

In the first three months of 2018, the total government's spending was 413.5 million Euro”, it is now said.

Much of the expense constitutes compensation for workers (35%), social contributions and (27%), gross capital formation (18%), and middle consumption (10%). While the remainder of expenditures have been distributed into other expenditure facilities.