Avdullah Hoti takes credit for 2021 economic growth until she points to the specific factors

Avdullah Hoti takes credit for 2021 economic growth until she points to the specific factors

Former Kosovo Prime Minister Avdullah Hoti has said overcoming the economic crisis caused by Pandemia Covid-19 is the result of factors that were made in 2020, not as the Kurti Government is advertising. Hoti has listed three factors as key to Kosovo's economic recovery, which were taken during the time when [...]

Hoti has listed three factors as key to Kosovo's economic recovery, which were taken during the time when the country was led by him.

All three factors relate to developments in 2020:

(1) Economic recovery package (including the withdrawal of savings from the Pension Trust) that have enabled some 700m euros to enter the economy;

(2) Co-ordination of Government and Central Bank in 2020 for reprogramming business and citizens' loans to delay interest and headship payment for several months; and

(3) The diaspora shipments during 2020 that have reached record levels.”, it wrote, broadcast Periscope.

His Complete Writing

KU S IT IS THE RELIGION ECONOMIC IN 2021?

There are three factors that have enabled the rapid overcoming of the economic crisis caused by the Pandemia covid-19 and the return of Kosovo's economy to its economic growth trajector, which dissects the origin in fiscal packages 1 and 2 of 2014-2017.

All three factors relate to developments in 2020:

(1) Economic recovery package (including the withdrawal of savings from the Pension Trust) that have enabled some 700m euros to enter the economy;

(2) Co-ordination of Government and Central Bank in 2020 for reprogramming business and citizens' loans to delay interest and headship payment for several months; and

(3) diaspora shipments during 2020 that have reached record levels.

The first two factors are the result of government and institutional actions, while the third relates to the unselfish nature of our diaspora to help relatives in Kosovo.

These actions have enabled the crisis to be overcome since the first quarter of 2021 and return to solid economic growth this year.

Real economists need to track the cause-pass connections, not interpret the data very closely by distorting the truth with or without purpose.

 

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