Economist shows why the 2023 budget will be higher than this year's

He says the cause may also be the war in Ukraine, since it has influenced price hikes.

“These revenues are diversified by many sources, but mainly Kosovo budget, this then accumulated fund has the basis for economic transactions that are taxed, taxed in T form. VSH and other import taxes. Another role plays both through borrowing and other instruments that used institutions to increase the country's” budget, he said.

According to him, the moment there is high inflation then even government revenues increase due to higher taxes.

If we look at budgetary planning for inspection, we see the revenues for this year past projections due to the high rate of inflation not envisioned. So the war in Ukraine has not been warned that it will bring such economic chaos across the globe has reflected in rising prices that are discussing crisis issues and coping and in price hikes have increased government revenues so on related taxes”, he said in Tv1.

Likewise, Avdij also cites mismanaging public finances as a reason for the rise in the budget for next year.

He says that during this year there has been a lack of capital investments, which he says has blocked cash in the country's accounts.

We can say that the next reason is mismanagement of public finances in the sense of capital investments. We have had cases, numerous debates when statistics emerged in August from institutions themselves that there has been about 12 percent feasibility of the capital investment plan. This has blocked cash in the country's accounts. These will be re-determined either in the transitional phase or the other budgetary lines will eventually be extended for execution for the following year so a lack of realisation of capital investments means that money will be held for next year”, he said.