Economists: World Bank IMF must not interfere with Trust issue

Trust money should not be affected.

Besides the government and the majority in parliament, so are the International Monetary Fund and the World Bank. One and the other global financial institution are claiming that this jeopardises the sustainability of the pension system in Kosovo.

But Kosovo economist Florin Aliu says these mechanisms do not require missions to show what citizens can and should do with their savings.

“The IMF is interested in overall budget and financial stability in Kosovo, financial stability is assured with the fact that banks have economic gains in Kosovo”, Aliu says, Kosovo Clan reports.

The same is true of the government regarding these appeals.

The ruling “should not be made to have so much fun for the IMF, because we know the positions they have taken for international institutions' recommendations, especially those of the IMF for privatisations of these”, Aliu adds.

The other economist, Erton Bega, who opposes withdrawing from the Trust, says the two foreign institutions prefer to declare themselves when it comes to potential significant financial movements.

The country's “generally gives conservative recommendations that do not endanger the country's macro-financial stability”, it indicates.

These conservative recommendations, the Monetary Fund has provided several times for Kosovo, during major economic decisions. But previous governments did not take them into account.