IMF: The 2015 budget is not real

IMF: The 2015 budget is not real

Pristina, 8 July 2015/Independent Balkan News Agency

By Elton Tota

The 2015 budget has not been implemented because it hasn’t been well planned.

This was declared today by the IMF representative to Kosovo, Frank Lajkwik, during a hearing in front of the Parliamentary Committee for budget and finance in relation to the agreement negotiated between the government of Kosovo and IMF about the new Stand-By program.

He said that the government of Kosovo had drafted the program and has sought assistance for the creation of a fiscal framework for the program, which IMF has backed and accepted.

“This is a good approach for the government to act based on this curve and first of all, it must decide like it sees it fit and then ask for IMF’s assistance. This has well functioned. The revision of the 2015 budget was real, while the 2015 budget, which must be soon approved, has not been real”, Lajkwik said.

Minister of Finance, Avdullah Hoti, said that the government of Kosovo has asked for the introduction of a new program with the IMF to help its development agenda.

The 2015 budget was approved at the end of December last year and Hoti said that this budget was approved as soon as possible in order to start the year with fresh liquidity. /ibna/