Economists: Energy subsidies, tell of “poverty calculations

Economists also point to the way energy subvention has been made, as they say it points to the “poverty population”.

The chairman of the Kosovo Business Alliance (AKB), Agim Sahin, has told Online Economy that inflation in Kosovo has made the citizen very poor. The government is partly to blame for this, for according to him it has not taken adequate measures.

Although it says that the value of inflation in Kosovo is not known correctly, it has impoverished the citizen by 40 percent.

“Inflation is a matter that has mostly impoverished the citizen. In inflation, figures show there's money, we have revenues, but on the other hand, they can't get the same amount that was taken in 2021. Never exactly do we know how much inflation has been, but inflation, which is real that more than 40 percent has reduced every salary and every enterance of business and citizen, and that has helped to increase prices, inflation, devalvation of the euro, and that the Government of Kosovo is partly guilty. Only with local production, we can counter import. Trade deficit is the highest in Kosovo's history, and this is too heavy for Kosovo and unaffordable”, Sahin said, criticising even the halting of capital investments.

The Ministry of Industry has used only 16 percent of the capital budget, and this is too small. And the economy ministry is about 38 percent, and these are below every level and we boast we have money, but we don't know how to spend it. The country's government must first begin with capital investments, which put the flow of money and business” in chains, Sahin said further.

And for former Finance Minister Haki Shatri, distributing money through packages and energy subsidies, it points to the peak of the fukarella.

He calls Kosovo the most underdeveloped country in Europe, as it has the lowest GDP.

Shatri has also cited objections by the Vetevendosje Movement for the construction of new generation capacities in KEK, with which the situation would be in favour of Kosovo.

Kosovo is the most underdeveloped country in Europe. GDP is about $4,500 per capita, so we have the lowest in Europe, and in this GDP more than 1 billion euros coming from the diaspora, and in these conditions, social policies are also necessary and active, so we have to help even the necessary categories, disabled persons, different categories, but praise why they have subsidized more energy in the region, it's not to be commended but to worry because we've come to a situation that this political structure in the Government has rejected the building of new genes, with violence and violence. They are now praised for receiving a 75m-euro donation from the EU, and we now share a category of citizens because we're spending up to 800 KWH, that's the end of the culinary”, he said.