Economic growth: Pacolli says it is unlikely to be over 7 or 8%

Economic growth: Pacolli says it is unlikely to be over 7 or 8%

MP Behgjet Pacolli has said there will be no economic growth of 7% or 8% this year, as warned by the government. Pacolli, in a long Facebook status, has mentioned dis from indicators that will affect the lack of economic growth. This is the full status of [...]

Pacolli, in a long Facebook status, has mentioned dis from indicators that will affect the lack of economic growth.

This is his full status:

I read, allegedly, that in Kosovo there will be economic growth of over 7% compared to last year.

Last year we have had an economic stagnation due to elections, changing governments and pandemics. Although this comparison cannot be a good comparison, yet, P ER FAT T E This year there will be no economic growth of 7 or 8 % as they claim.

I'm just citing some facts;

A) Direct Investments

that affect the raising of the standard of living, culture and education of citizens,

b) Investments in Infrastructure as well

c) Investments in technical progress

in general, which directly affects the increase in the quantity and quality of domestic products

...are the main actions that condition a country's economic growth.

If these cracks show that;

This year in Kosovo there have been no significant investments that have affected the improvement of citizens' lives;

No jobs have been created to the alleged extent,

There was no salary increase.

There was no increase in pensions (unless promises of help)

There were no new creations of economic operators,

There was no additional income for the state (except remittances)

On the other hand, the entire year 2021 is marked by bottlering of investments in infrastructure,

There have been no new infrastructure construction (of any kind) or even damage repair from last year's floods.

There is also no indication that there are major changes in GDP growth compared to last year when the country's economy began to stalled.

The tendency to create the environment for economic growth (based on rising prices of basic products, without increasing revenues) is just a <x0msim” (a well-known term in the economy) or a tendency to convince that there is an increase in productivity... but this is not real economic growth.

Kosovo this year is likely to maintain economic growth around 5%, which is the average of the last two years and that thanks to the volume of remittances and not the important factors I mentioned above,

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