The failure of agreements is threatened by the execution of means from emergency package

The failure of agreements is threatened by the execution of means from emergency package

The failure of the International Accords in the Kosovo Assembly will jeopardise the execution of financial means by the Fiscal Emergency Pack. According to the Ministry of Finance, the failure of these funds would affect the functioning of the private sector and would lead to job losses. Deputy Finance Minister Agim Krasniqi in an interview [...]

According to the Ministry of Finance, the failure of these funds would affect the functioning of the private sector and would lead to job losses.

 

 

Deputy Finance Minister Agim Krasniqi in an interview said the implementation of the package cannot be done without the budget being revised.

According to Krasniqi, no ratification of the agreements returns the budget completely.

And as he said to find funds in the implementation of the package, there will be drastic cuts in the share of investments, as well as public sector salaries.

The “since the start of drafting the emergency fiscal package has been suggested that this package can only be implemented in the event budget revision is made. To fully implement the package requires a review of the budget so that the position from which the payments are made for the measures that have been and are under the recharge plan, and that's the only option there is where the” is.

This also concerns international agreements because it is a specific year, regular budget revenues are expected to be reduced, projections are around 232 million. The first month still has not been carried out, and we have put in review all funds that have to do with the package of economic recovery, including the share of payments that must be paid to workers of 170 euros and to those who have lost their jobs and the payment of dogs. The moment the revision ends we are preparing the funds, there are”, Krasniqi said.

Among other things, Krasniqi said the country will be back, which according to him, the projected funding of 620m euros will no longer be.

He even says that economic activity will be reduced and that it will take several years to recover.

If this review process doesn't pass, it will be a problem to cheer me up with the emergency package at the same time at the same time, the functioning of the rest of the private sector and a new number in the absence of liquidity for them to lose jobs”.

The back review will require complete budget reorganization, then we will have drastic cuts of even the share of the public sector wage share in finding funds to install this portion of the package”, he told Online Economy.

We're going to be forced in case this process doesn't go back, we're not going to have 620 million in design, but we need to reduce all the costs that unfortunately this reduction not only in numbers but also economic activities for a few years. What you lose today needs to be restored several years”, Krasniqi said.

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