Government of Kosovo announces a debt amnesty

Government of Kosovo announces a debt amnesty

Pristina, February 5, 2015/ Independent Balkan News Agency

By Elton Tota

The government of Kosovo has decided today to announce an amnesty for debts owed by individuals and businesses from 1999 until 2008.

The debts relate to power supply bills, different taxes, customs and other payments.

Kosovo’s PM, Isa Mustafa said that a special committee will examine the possibility of pardoning debts.

“The debt amnesty will act as a stimulation for the country’s economy”, said Isa Mustafa”, Kosovo’s PM.

Minister of Finance, Abdulla Hoti said that this offers an opportunity for citizens and businesses to have a fresh start.

“2008 is the year of great changes that happened in Kosovo. We had the declaration of independence, Constitution and the application of the laws of Kosovo. We believe that it’s necessary to have a fresh start, a separation from the past and face the future”, said the minister of Finance, Avdullah Hoti.

According to him, the committee will assess debts owed to different public entities.

“In a month’s time, the committee will submit to the government, the proposal for the level of debts and procedures for the formalization of this decision in the right instances of the Republic of Kosovo”, declared Hoti. /ibna/