Hoti holds meetings with ministers, Government gives details

Hoti holds meetings with ministers, Government gives details

The incumbent Kosovo government has held the 70th meeting in a row, until, for decisions that have been made, it has announced through a media communique. The government reportedly approved the annual Financial Report for 2020. This financial report correctly reflects the financial finances and transactions of institutions [...]

The government reportedly approved the annual Financial Report for 2020.

This financial report correctly reflects the finances and financial transactions of Kosovo institutions from the Republic of Kosovo budget, trust funding, established donor grants, personal revenues, dedicated revenues, borrowing and spending on managing the COVID-19 fiscal year 2020.

This report is in full accordance with the requirements of the Public Finance Management and Responsibilities Law, and is in line with international accounting standards for the public sector based on pre-ex0>, the communique says.

According to this report, total admissions for 2020 have been 2,206,647,000, euros, for 16 million and 275 thousand euros less than in 2019, while payments have been 2,334,943,000 euros, compared to 2019 are higher for 2 million and 817 thousand and 503 euros.

The deficit deficit deficit of 5.2 per cent is the indicator that the Government of the Republic of Kosovo has respected the allowed deficit limit (6.5 per cent) as well as the planned 2 per cent limit adjusted to the Republic of Kosovo decision”, it is now said.

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