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Government of Kosovo approves the 2017 budget

By   /   01/11/2016  /   Comments Off on Government of Kosovo approves the 2017 budget

Government of Kosovo has approved and sent to Parliament the bill on the 2017 budget today.

Prime Minister of Kosovo, Isa Mustafa said that the 2017 budget is a budget that will boost development and a budget that reflects the governing program of the coalition.

Mustafa said that most of the budget funds are generated from tax and non tax incomes.

A part of the budget has been secured through loans from international institutions and a part of the funds are allocated by the Kosovo Agency for Privatization.

Mustafa added that the 2 billion USD budget has 50% more capital investments.

According to him, budget deficit is projected to be around 1,5% lower than the IMF’s threshold. He has pledged that the budget will be allocated in a proportional way as far as ministries and communes are concerned. /balkaneu.com/

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