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Alarm. The state is going bankrupt! (Zeri)

By   /  28/10/2014  /  No Comments

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The paper’s deputy editor-in-chief, Lavdim Hamidi, warns that Kosovo was never as close to going bankrupt as it is today and this is because of enormous expenses and decline of budgetary revenues. Six months ago, recalls Hamidi, Prime Minister Hashim Thaci decided to increase salaries of civil servants by 25 percent and also announced an additional pay raise as of next year. “Not to mention the recent decision for construction of Pristina-Skopje highway which will cost the Kosovo budget move than 600 million euros”, adds Hamidi. The question is, he says, how can all these expenses be covered when the Kosovo Tax Administration is experiencing much less revenues than this time last year. The Customs are also not having a good year as a result of the decline of imports. If necessary steps are not taken to resolve the current political crisis and address the economic situations, there is fear that Kosovo could head towards bankruptcy in a matter of months, concludes Hamidi.

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  • Published: 10 years ago on 28/10/2014
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  • Last Modified: October 28, 2014 @ 3:04 pm
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