IMF and Government in Various Image for Economic Growth

However, so do opposition deputies, as opposed to status deputies, who assess that this year there will be a record level of government spending. According to them, this increase is expected to affect increased government spending and remittances

As far as opposition, they say the government is promoting numbers.

Finance, Labour and Transfers Minister Iron Murati says of Kosova Preris that with the steps they have taken, economic growth will exceed expectations.

“With the steps we have taken and with those taking ongoing growth will be further supported. Our goal is always to exceed expectations. Normally, over the past two years, we have had problems with global inflation. It wasn't only the Republic of Kosovo or the government's actions, rather dedicated to softening the effects of inflation, but it is at the global level that there is an increase in inflation rate, and this has contributed to growth in our country slowing down by the initial pace we had. But, I believe now with the reduction of the inflation rate we will return to the target growth trend”, Murati says.

That there will be economic growth, says MP from the ruling party, Vetevendosje Movement, Andmend Muja. According to him, economic growth will be over 4 percent for 2024, until it has mentioned the factors that will affect this growth.

We'll experience economic growth over 4 percent for 2024, and this increase will be due to two or three (infusions). First, increased government spending, export services that are motivated by diaspora, and increased domestic demand, due to remittances, and these will create economic growth. I believe that this year we will have a record level of government spending, mainly oriented on key capital projects which necessarily create increased values in the economy”, Muja says.

Meanwhile, the opposition estimates that economic growth will be about 3 percent. MP from the Democratic Party of Kosovo, Ferat Shala, says economic growth is not as the government promotes, even the opposite has happened.

And we really have to trust our institutions, one of the institutions that we really should believe, even though there have been political interference, it's AKS, based on all of this report and all of this, but other international loan reports, economic figures behave around 3 percent rather than as the government proposes. In reality, the government has played numbers, it has been insincere in relation to economic growth figures and other indicators that have favoured it.

In this relationship, the facts show that economic growth is not as the government says... all economic indicators show that there is a decline, and there is unfortunately an increase in the share of what disparities economic growth, such as the issue of external imports, there are indicators that indicate even the decline of exports... all forecasts show that the figures will be drawn between 2.8 to 3.1 of all vegetables in the total”, says Shala.

That there will be no more than 3 per cent growth, says MP from the Alliance for the Future of Kosovo Paul Lekaj. He says the government should see the situation on the ground, and that would create these figures.

The figure given by the Government of Kosovo for economic growth does not lie. If we look at the situation on the ground, I think this government has come with fraud and that's how it's going to go, because I don't see growth or economic growth... The real figure can be 2 to 3, but no more”, Lekaj says.

Meanwhile, economic connoisseurs consider that real economic growth can only be when the figures are biiffy. Chamber of Commerce Chairman Skender Krasniqi says economic growth is not moving year-on-year.

Unfortunately, economic growth is not moving year-on-year, and for many years now, it is behaving less than 4 percent, which is actually not economic growth. It's a stagnation in the same place and not a rise in the economy. We can only call economic growth that is bisiferal and more, as is the case in any country that has the greatest economic growth, considering our situation, so with the import, export, annual circulation, and the budget Kosovo has, is that it does not have the growth Kosovo needs...

A large measure has come because some prices have doubled, and budget increases are coming as a result of price hikes, especially from import, given that we have an extreme import-export gap, the largest difference in Europe and the region, compared to other years, and this has contributed to more access, but not to increase as a result of real economic growth”, Krasniqi says.

Meanwhile, the International Monetary Fund (FMN) in a recently released report on Kosovo says economic growth for Kosovo in 2024 is expected to be 3.8 per cent. / KP/