Government dismissal is holding capital investments hostage in 2020

Some of the capital projects that are designed to be realised from the central level in this year's Pay-Red segment, system support programmes, construction of many roads and sewers are not known whether to start this year, the news says.net. This is after the Ministry of Finance and Transfers will receive a portion of the money made for these investments to cover the costs to alleviate the economic effects caused by the Coronavirus.

New projects are considered only those projects that are envisioned for this year, rather than those that are continuing from previous years. The overall value of capital investments in this year's budget is envisioned to be 624m euros.

When the procedures for capital investments start this year, they do not have a date at the Ministry of Finance and Transfers.

Deputy Minister of Finance and Transfers Agim Krasniqi a few days ago said this could happen only after the budget is revised.

Muharrem Sahini, director of the Public Communication Office at the Ministry of Finance and Transfers, says that in terms of their tendering and realism procedures, the minister has issued a framework for new procedures at the central level that cannot be conducted without written approval from the finance minister. This restriction, however, has not affected the local level.

According to him, the purpose of this framework is to ensure that the possibility of continuing to perform the following obligations and projects, without receiving additional pledges due to uncertainty and the effect I came into that it is in the state of pandemic.

He said this situation will be reassessed and new guidelines given on time.

Sahin said budget review should take place and will take place at the moment the conditions are created for Government to propose budget revision and approval from Parliament

“The budget revision means approval of a law on the part of the Kosovo Parliament, and at the moment the Parliament is not proceeding for approval of government initiatives. Reviews must occur and will take place at the moment the conditions create for the Government to propose budget revision and approval by the Parliament”, Sahin has said of news.net.

Deposits of the Constitution and of the Parliament Rule remain silent over government competencies in resignations to propose bills.

Even so, Kosovo is risking losing about 300m euros in loans if it fails to ratify agreements that have been negotiated by the Government with the European Union and other international financial institutions in the country.

The total of agreements which must be ratified in accelerated procedure included five loan agreements worth 228.1m euros and two co-finance agreements worth 61m euros.