The government allocated 50m euros to write off debt, but besides domestic debt is more than 1 billion euros

The government allocated 50m euros to write off debt, but besides domestic debt is more than 1 billion euros

The government approved the 2022 budget bill on Friday. The budget is meant to be worth 2,748m euros. This project - budgets have set the government's goals for its plan next year, aimed at boosting the economy, orientation of the economy towards production, etc. A lot of [...]

This project - budgets have set the government's goals for its plan next year, aimed at boosting the economy, orientation of the economy towards production, etc.

A total of 50m euros is meant to be extended.

But the amount the government owes to different parties within Kosovo exceeds 1 billion euros.

According to third quarter data in 2021 of the total debt, the debt we returned by September 30th has been 1 billion and 655m euros.

Of this only domestic debt is 1 billion of 085m euros. International debt by that date has been the figure of 569m euros.

General debt is defined by the Law on Public Debt as the total of State Debt and Municipal Debt.

State debt may be a direct debt or a sub-level debt.

As for the jurisdiction he is subject to, the General Debt may be divided into International Debt and Internal Debt where domestic debt is subject to local jurisdiction, while the International may also be subject to jurisdictions outside the Republic of Kosovo. /Warn.net/

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