2019 declared the year of economy: Economist says that there will be an increase, including increasing rates of robbery

2019 declared the year of economy: Economist says that there will be an increase, including increasing rates of robbery

Kosovo's economic development is not expected even this year to pursue growth rates as promised earlier. This, since even this year, the budget project of the Republic of Kosovo does not guarantee a sustainable economic development. Lack of electricity, high interest rates, increasing the number of lootings, social schemes, and [...]

Kosovo's economic development is not expected even this year to pursue growth rates as promised earlier. This, since even this year, the budget project of the Republic of Kosovo does not guarantee a sustainable economic development.

Lack of electricity, high interest rates, increasing the number of lootings, social schemes and misoriented budgets are some of the signals that this is not expected to be the year of the economy.

 

 

That's how he estimated for “Index”, economist Lulzim Beqiri, who has stressed that the budget would have to be directed at reducing unemployment, supporting producers, strengthening the private sector and drafting adequate fiscal policies.

“The budget project of the Republic of Kosovo in 2019, as well as other years, does not guarantee a sustainable economic development, as a consequence of the wrong orientation in areas with less priority, so the budget needs to be guided to these categories: reducing unemployment, supporting producers, strengthening the private sector and drafting adequate fiscal policies, but Kosovo every year for social protection is spent around 22.5% of the” budget has been expressed.

According to him, the largest budget value for 2019 has been earmarked for goods and services, and also capital investments. In fact, according to Beqiri, personal interests are being overlooked and in the first place.

The largest budget project value, even in 2019, has been earmarked for goods and services, as well as for capital investments, with particular emphasis on highways, which has also sparked citizens' reactions because the state budget has begun to divide according to the origin of the ministry's minister or officials by bypassing priorities”, he said.

The renowned economist has indicated that the so-called “Economy Year” has been promoted only for electoral consumption.

The set of economics for popularity and for electoral consumption, as the coalition is known, characterizes nepotism, not the proper management of public money, and as a consequence of not managing so the economic consequences of poor management and poor planning of public money are very obvious in the Republic of Kosovo, of all the governments that Kosovo has after, so there is already a widespread will for this form of leadership to change, because this shows that Kosovo taxpayers' taxes are lost as a consequence of one factor, public spending should become more effective and more transparent with a more efficient way ofgo>

And the situation in Kosovo is making it more difficult for social schemes, where thousands of citizens receive state assistance.

The Republic of Kosovo in social assistance has hundreds of thousands of citizens, according to the ASS in 2015, there are 107,451 citizens who receive state assistance or over 25 thousand families, in 2016 the state assistance has accepted 26,302 families, and in 2017 about 106,628 citizens have benefited from social schemes by the Kosovo government” Beqiri has said.

On the other hand, among other problems that make Kosovo's economic growth difficult is unemployment, which according to the Kosovo Statistics Agency totals as much as 30%. Where, Beqiri points out, the number of young people who want to leave the country has increased as a result.

The economic development and employment are the main problems of Kosovo youth, according to official data from the Kosovo Statistics Agency, unemployment is about 30%, and according to many research of various organisations monitoring employment totaling 40%, so we also have the desire of Kosovars to leave this country, for a better life, as they analyze the wealth of rulers that many of them are millionaires of property even billions without any cover testimony, and for the consequence of inadequate policies on the part of Kosovo's business institutions are facing the logical barriers, non-competitive competition, not a game, high bureaucratic procedure, the bureaucratic procedure, all negative perception of investors invested in Kosovo's finality has been added to the Lupekikqi.

Also, days earlier Kosovo Prime Minister Ramush Haradinaj at a media conference had said Kosovo would become a revolution in economic growth

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