Ferat Shala: During the Kurti Government, Kosovo suffered around 1.7 billion euros in economic damage

Ferat Shala: During the Kurti Government, Kosovo suffered around 1.7 billion euros in economic damage

Acting Minister of Finance, Hekuran Murati, has warned that Kosovo risks losing 90 million euros in funding from the World Bank, which has been allocated since May last year, but has not yet been ratified by the Parliament due to political disagreements..

MP from the Democratic Party of Kosovo, Ferat Shala, in an interview for the documentary “Exhibit”, says that Kosovo has lost 1 billion euros during this government by importing energy.

Shala indicates that during this LVV governing mandate, Kosovo has lost around 300 billion euros in various EU funds due to the sanctions that Kosovo has.

Among other things, he emphasizes that this governing mandate has cost Kosovo around 1.7 billion euros in economic damage.

“It is a great truth that Kosovo has lost a lot and continues to lose a lot with a government that, realistically, Minister Murati and Albin Kurti have had during this governing mandate. Kosovo is not only risking 90 million but has lost 1 billion euros during this government in energy imports, so Kosovo has taken 1 billion euros out of the country by importing energy, so the energy package has cost the country 1 billion euros for one governing mandate.

“In this governing mandate, Kosovo has lost 230 million euros of EMSS funds allocated for gas which was never realized and we now have the failed project of this government’s alleged batteries. Kosovo has lost around 300 billion euros of various EU funds due to the sanctions that Kosovo is under. So this governing mandate has cost the country 1,7 to 1.8 billion euros, economic damage, classic and measurable, and without counting here the damage of the rest of the trade deficit, without counting the damage of inflation, without counting the ever-low rate of capital investment realization and many other projects that are now unrealized,” he said.

MP Shala says that the main culprits for Kosovo being under sanctions are the state institutions that have been in power for 6 years, adding that you cannot blame the opposition for managerial incompetence and wrong policies.

“We must be clear that Kosovo is under de facto and de jure EU sanctions, and the main culprits are the state institutions that have led and managed the institutions of the Republic of Kosovo for 6 years. You cannot blame the opposition for managerial incompetence and completely wrong policies at home and abroad,” he said.

Among other things, he says that Kosovo is losing a budget of 3.5 billion euros this year, and is losing its image as a promising country for development and investment.

“We have practically been governing with a budget for 5 years, Kosovo is losing a budget of 3.5 billion euros this year, we are now at the end of the 6th month, we have no budget review, we have no reports on budget expenditures, we have no official data on the way the budget was spent for this year. But even if we add the budgets of the past 4 years, in essence we have not implemented expected and necessary projects for the development of the country. So we have a lot of damage in the economic, social, political aspects and so on, but with special emphasis Kosovo has lost its image as a prospective country for development and investment, today we do not have any foreign investors or strategic investors who can or expect for a certain project”, concluded Shala for GazetaBlic.