A revised budget proposed by the Ministry of Economy and Finance of the Republic of Kosovo has for the first time surpassed the one billion euro mark. 

 

“The revised Kosovo budget will increase by 52 million euro since its original approval. Part of the considerations during the review were the aims of the Kosovo government, the state of tax collection during the first six months of this year, and the reallocation of funds between ministries and budgetary agencies to better execute the predicted budgetary expenses,” said Minister Ahmet Shala.

 

Whereas vice-minister Hamza stated that with the review of the budget the fiscal responsibility is not endangered. He has listed several reasons for the increase of the budget, such as wages for 430 new teachers, procurement of essential free drugs, and inflation.

 

Members of the commission that reviewed the new budget were mostly in agreement about the work done but also complained about the subvention of the troubled Kosovo power company KEK. They fear that continuing to prop up the company will destimulate KEK from electricity production and bill collection.