The boardless BQCU has been in jeopardy for 15 months

The CEC has submitted to the Kosovo Assembly names for electing new members, but so far, the legislature has not made a decision.

Their election is urgently recommended by the European Commission in the Progress Report released on October 19th.

The European Commission in the Progress Report has alarmed for a number of initial and important processes for Kosovo's economy, such as insurance liberalisation, liquidity regulation, etc., but without the completion of the board, the same will not be effective.

In the absence of the Board, the CEC is also operating without approved budgets, as this process is the competence of the board. Currently, the CEC is exploiting a twelveth of its preliminary budget. This is only for the sake of funding operational spending.

In addition, the CEC has indicated that the lack of the Board is unable to adopt new regulations and change existing ones, as well as preventing the continued alignment of the CEC's regulatory framework with EU regulatory acts, basic principles for effective supervision and Basil's Committee documents.

At the Kosovo Central Bank, they say that without the board's completion, by January of next year, workers will not be able to pay either.

“The inability to exploit the budget would mean cutting off the BEC's activities, with very serious consequences for normal functioning of the economy, but Kosovo's own state”, reportedly sent to Radio Free Europe.

Over 15 Months Without Boarding

The CEC has completed procedures to select the three non-executive members of the Board from announcing the competition to proceeding with the narrow list of candidates it sent to the Kosovo Assembly.

The CEC on April 13th this year sent the names for members of the Board to the assembly, but nothing has happened so far.

The BEC board consists of five members and are currently only two members: the BEC governor and the chairman of the Board, who has expired.

Economics Professor Safet Gerjaliu tells Radio Free Europe that the lack of the BEC board is damaging many processes in Kosovo.

He adds that many other institutions in Kosovo are also BQC.

We have the same thing in other public enterprises, which are being held hostage to these processes, but I believe that the short-term priority for current institutions will be to complete these boards. Whether in Telekom or in the Post, in Trepca, Iber Lepenc, we usually have board leadership duty, which is temporary and this is an approach that will affect the seriousness of the jobs and performance of these” companies, Gerjaliu says.

Doubt of New Board Selecting Process

The selection of the new BQC trumpet is appreciated both urgent and by the ruling party's deputies, the Vetevendosje Movement.

This party's MP, Eman Uniman, who is also part of the Commission for Business, Labour and Transfere, tells Radio Free Europe that there are doubts about the way candidates are selected for members of the BQK board.

Of course, there have been some processes for which there are doubts that have not been fair in the legal context, and I think that their legitimacy should be looked at in the selection of potential candidates for board members or other positions that have been passed to the CEC and addressed to the assembly, but they are not entirely clear processes and rules”, Canman says.

He says the lack of the board has influenced the poor performance of the CEC, but does not mention the next steps to complete the board.

Opposition: Attempt to politicise boards

MPs from opposition parties who are part of the Commission for Business, Labour and Transfere, which sends the candidates' names for approval to the assembly, say Kurti Government is trying to fill the boards of institutions with party members.

Democratic Party of Kosovo deputy (PDK), Mergim Lushtaku, tells Radio Free Europe that the government is neglecting the functioning of the boards, which, according to him, cannot make decisions in these institutions.

The “of course that in itself brings major problems to decision-making issues in this institution. Hence, not only in the CEC but in other independent institutions, it is evident that more has politicised the current power than it has come on a platform, which can also bring about the solution of problems in this case than it has selected them”, Lushtaku points out.

Even the other member of this commission, Paul Lekaj, from the Alliance for the Future of Kosovo (AAK), tells Radio Free Europe that the government is being unprofessional and biased, which according to him, the dysfunction of the boards of many companies will have economic consequences.

The Kurti Government itself is neglecting operating boards right on the eve of elections. Any vital institution that does not have the board formed and does not function properly will negatively affect Kosovo”, Lekaj says.

LVV MP Eman Nundman, however, says competitions are also under way in some companies.

So far, according to him, there have been temporary boards due to the ban on mismanagement and mismanagement that has been made.

The swimmer points out that those boards, which according to the audit reports, had major and pronounced mismanagement.

Currently, there are three free positions on the BEC Board, for which the CEC has submitted the list of candidates for selection to Kosovo's Assembly for voting, to the Kosovo Assembly.