Hoti: Inflation impoverishs Kosovo families, Kurti government holds 700m euros in bank

LDK MP Avdullah Hoti says inflation is povertying the family budget, while the government is holding 700m euros in the bank.

This has made families poor. The government has not increased wages, but boasts increased budget revenues. Today there are about 700m euros in the government's bank account, not in the pockets of citizens by reducing VAT in food and oil, as well as removing excises in oil”, writes Hoti, Periscope escorts.

INFLATION BUGENS BUGENS FAMILY CENTURY 700 MILLIO IN BANCA

Average inflation in October 2022, compared to October 2021, has reached 12.7%. But averages sometimes distort reality. People don't buy refrigerators every day, house appliances or cars. They don't build houses every year or buy apartments. But people every day, every week or every month buy bread, milk, eggs, food oil, sugar, meat, as well as pay their energy, fill their car with oil or buy firewood for winter. Prices for these goods have risen from 20% to 56%.

This has made families poor. The government has not increased wages, but boasts increased budget revenues. Today there are about 700m euros in government bank accounts, and not in the pockets of citizens by reducing VAT on food and oil, as well as removing excises in oil.

These tools have not been spent either on capital projects on roads and nurserys, in hospitals or in army weapons. These tools are staying in the bank and deestimating inflation.