Hamza: Public companies in Kosovo getting worse

Hamza: Public companies in Kosovo getting worse

Bedri Hamza, minister of finance, and at the same time head of the PDK branch in Mitrovica, has said his party in the coalition “does not contribute to the situation of the country going to an early election”. And speaking of how public money is exploited, he has said that as a minister, he has priority [...]

And speaking of the way public money is exploited, he has said that as a minister, it is a priority to maintain macro-fiscal stability.

“As the minister of finance I have reacted to stop projects that endanger macro-fiscal stability”, Hamza said in Puls of KTV.

He has also spoken of the Law on the Reward, in which he said there is room for improvement.

“The largest share of employees has been handled with correctness, not risking macro-fiscal stability. There's room for improvement. It will be challenging for 2020 to maintain the salary rule, which says the wage bill should be proportional to economic growth”, he said.

Hamza has acknowledged that the Kosovo government is large and very expensive.

So Hamza talked about public enterprises.

Besides KEK and COSTT and any municipal companies, most of them have malmanagement, overemployment, non-nationalisation of jobs, lack of revenues, etc. They are the problem not only of their existence and of the outbreak of social discontent, but also of risk for macro-fiscal stability”, Hamza has said.

Subtitles: There's a lot of room for improvement”, Hamza said further.

He has said he belongs to the Government, which as hisedar in these companies instead of taking over from them, actually becomes a burden to him.

Hamza has also talked about the large number of employees in the public sector, saying there are over 800,000 employees who receive salaries from the state budget.

I suggest that this number not rise. Even when retired, don't be replaced by”, he said.

According to him, institutions are making mistakes that people are getting contracts for work.

“across the entire system are thousands of such”, he said.

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