Pasulal Forecast by Trust Board Leader: In 2023 we'll have more than 2.5 billion euros under management.

Ruzhdi Morina, chairman of the Trust Steering Board, said the tax charge on pension means in 2023 will be at the lowest level since the institution was founded.

He has said that in 2023 under management there are expected to be over 2.5 billion euros.

“The expectations during 2023 are that average tools under management during the year are expected to be around 2 billion and 571m euros resulting from estimates as follows, we expect to collect 2 billion and 424m euros in management, we expect to collect 230m euros, as well as pension payments expected to be 65m euros. The year we expect to end at 2 billion and 719m euros in management tools. The 2023 operational tax proposed at 0.02 percent of the tools is down from the current rate of 0.057 per cent, based on this assembly, I recommend that I approve annual investment tax of 0.002 per cent of the tools and annual operational tax of 0.005 per cent of the”, he said.

We remember that the pension means are invested according to the principles of careful investments prescribed by law. Investments are made by the Steering Board The KKPK is meant to boost the value of pension savings, and in the long term it will allow you to offer the best possible pension.

But the value of tools under Trust management has been shrinking for several tens of millions of euros since the start of the war in Ukraine. So that's the money under Trust management, they're having almost weekly risks and increases, and Morina's prediction will most likely not be correct, writes the periscopi.

Based on Trust publication, 2021 was closed to 2, 353, 174, 174. 911 euros. On October 28th, 2022, this institution has submitted to its graphs that own 2, 393, 663. 935 euros. So a little more tools than on December 31, 2021, which means that Kosovars' savings for 11 months have evaporated almost entirely.

A few weeks ago, it was less money than it was right now.

The Kosovo Pension Savings Fund (FKPK) is the independent and non-profit public institution, founded by the Parliament of the Republic of Kosovo. The FKPK is created according to the pattern of defined pension contributions, meaning that each contributor is saving for retirement to a personal account. /Periscopi/