The government spent 401m euros for three months

Kosovo's Statistics Agency has released accounts of government revenues and expenditures within the first quarter of this year, where the amount of revenues reportedly was 464.8m euros, while it spent 401.0m euros. According to AKS, the total amount of government revenues for TM1 2019 was 464.8m euros, [...]
According to AKS, the total amount of government revenues for TM1 2019 was 464.8m euros, where most of the revenues make up taxes on products, which represent 62% of total revenues, while the rest of the revenues have been distributed into other income categories.
In TM1 2019, the total of government spending was 401.0m euros. Much of the spending is made up of compensation for workers with turnout (37%); social contributions and the benefits (30%); consumption in between with turnout of 11%; the formation of gross capital (10%); while the remainder of expenditures have been distributed to other cost structures”, the ASC communiqué said.











