Hoti: 700m euros in government accounts are depreciating inflation, disaster public money management

Hoti: 700m euros in government accounts are depreciating inflation, disaster public money management

” What catastrophic public currency management “, so says Avdullah Hoti, deputy of the Democratic League of Kosovo (LDK), as he launched criticism in the direction of the Kosovo government, which is headed by Albin Kurti. Hoti referring to the Kosovo Statistics Agency (ASK), says that in the third quarter of 2022, compared to the period [...]

Hoti referring to the Kosovo Statistics Agency (ASK), says that in the third quarter of 2022, compared to the same period last year, business production prices increased by 17.2% on average.

The largest production has had electricity and gas by 49.7%, thus increasing the prices of daily consumer products“, he said.
Furthermore, according to Hoti, prices would be cheaper if the examiner acted to remove the VAT.

” If the VAT were lowered and the accysis temporarily removed, as we proposed in the spring, today the prices for business production would be lower. Consequently, prices of daily consumer products would be lower and family life would be easier“, he said.

” If the VAT were lowered and the accysis removed, today we wouldn't have 700 million euros on the government's behalf, which is deestimating inflation. About 300m euros would be in the budget of households and businesses and circulate into the economy”, he has declared.

It also says the Government is depreciating money by not investing in any segment.

Nor do they spend resources on capital projects and pay increases, nor do they allow citizens to spend. They collect them unnecessarily, keep them accountable, and are depreciated by inflation. What a catastrophic public money management “, he has declared.

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