6 hours agoWithin three months, the government had more than 100m euros than revenues
Periskopi(5 years ago)
(5 years ago)Kosovo's Statistics Agency has published government accounts of Kosovo on a three-month basis. According to the account, in the months of October, November and December 2020, the amount of the General Government's revenues has been 703.2 million euros, writes Periscope. But government spending in the same quarter exceeds 100m euros [...]
Kosovo's Statistics Agency has published government accounts of Kosovo on a three-month basis.
According to the account, in the months of October, November and December 2020, the amount of the General Government's revenues has been 703.2 million euros, writes Periscope.
But government spending in the same quarter exceeds 100m euros more than the amount of revenues.
According to the AKS report, the government of Kosovo in the last three months of 2020 has spent 817.1m euros, which is to say it has spent over 100m euros more than the amount of revenues it has had in the same three months. /Periscopi
Full report:
Government spending largely consists of social contributions
Kosovo Statistics Agency (ASK) publishes Kosovo Government Accounts, TM4 2020
Kosovo Statistics Agency (ASK) publishes Kosovo government accounts on a quarterly basis. This publication pictures the government revenues and spending mirror within the fourth quarter (TM4) 2020.
The total of the General Government inflow at TM4 2020 was 703.2m Euro.
Most of the revenues make up taxes on products, which represent 52.2% of total revenues, while the remainder have been distributed into other income categories.
The total cost of the General Government at TM4 2020 was 817.1m Euro.
Much of the expenditures constitute social contributions and benefits (21.3%); compensation of workers (20.9%); formation of gross capital (16.6%); and middle consumption (10.8%). The remainder of expenditures, however, has been distributed into other categories of expenditures.
