Sahin: Things have been banned, prices have risen

Sahin: Things have been banned, prices have risen

Kosovo Business Alliance Chairman Agim Sahini says inflation in Kosovo is continuing to increase, and as such measures taken by the Government of Kosovo are ineffective. Pandemia and the recent war in Ukraine, according to Sahin, are the main causers of the serious economic situation in the country, while saying inflation continues [...]

Pandemia and recently the war in Ukraine, according to Sahin, are the main causers of the serious economic situation in the country, while saying inflation continues to be imported from foreign countries.

In an interview for Online Economy, Sahin says Kosovo institutions are not taking measures against this problem.

Kosovo's <x0] economy has been hit in the last two years with two heavy, even pandemic shocks, which almost largely destroy the country's economy and now the crisis which is part of Kosovo's global economic market, and all of which have affected Kosovo to be the largest importer and further all of the products that are worth about 90 percent of that and are importing inflation. Kosovo does not have the right to copy money, and inflation is now around 20%, and when this is associated with the euro's invaluation of the costlyly expensive product lack of workers makes Kosovo's economy even poorer, despite statistics showing a slight growth of Kosovo's economy and revenues in budget”, Sahini said.

Speaking of Kosovo's economic problems, the number one GDP does not work either.

Kosovo owns a large capital that does not exploit public debt itself, the word shows that we can take loans in soft forms in small interest, but in time those tools are invested in infrastructure and in public, there are cases and it has continued to keep on looking for tools to spend both services and pay, whether it generates income, but that puts Kosovo in deep crisis, because it is not required for these, but only infrastructive capital projects.<>

Sahin has also criticised Government for halting capital projects, which he says is also banned from circulation.

“We are seeing that all sides of the job are banned, prices are rising, businesses don't have accounts with those previous contracts to continue the work, and that makes money flow to Kosovo stop.”

The country's “government should have a more attractive strategy for projects and money spending, and they should not be taken by taxpayers, and the government should generate with those means to return taxpayers to different forms”, Sahin said.

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