Business circulation of 1.2 billion euros, government launches drafting new fiscal package

Kosovo Prime Minister Avdullah Hoti has declared that a team has been created in ATK that loves the state and works for equality in dealing with the businesses for incriminating revenues and implementing laws. The prime minister made these comments during a visit to ATK, where he said they were expected to come up with one [...] soon.
The prime minister made these comments during a visit to ATK, where he said they were soon expected to come up with a final report on official statistics on damages to the economy and the number of workers who lost jobs.
As for the new director's election in ATK, Hoti said the competition is expected to open soon.
Hoti said he is aware that as a result of the pandemic, he has seen inflows and financial circulation of businesses. However, he offered support to this ATK.
Furthermore, he said this Government has already launched procedures for drafting the new package for economic recovery.
Finance Minister Hykmete Bajrami said this year has been a difficult and challenging year for budget revenues and businesses, while adding that with the law on economic recovery, workers and companies will be supported.
ATK Deputy Director Ekrem Hysenaj initially indicated that they are prepared for implementation of the Law on Economic Resurrection, while saying that the January-November revenues are 426m euros or 39m euros less than the same period last year.
While the financial circulation of businesses has marked a 1.2 billion-euro drop.
“The change of pandemic in revenues has been somewhere over 77m euros less than the planning of revenues. Even the financial circulation of businesses in the pandemic has seen a drop of nearly 1.2 billion euros. However, debt stock has reached 409m euros”, Hysenaj said.












