Government reviews budget

18/10/2013 00:00

The Parliamentary Commission of Economy passed the budget changes that
reduce the public spending and increase debt with 22.4 billion ALL over
the limit. The Minister of Finances, Shkelqim Cani, explained the
reasons why the public finances went to this point.

“This is the result of an extremely weak work by the two fiscal authorities, and the third one, which is the failed taxes coming from gambling”, Cani declared.

These changes caused strong debates between the majority and the opposition that returned to Parliament. The debate started with the plan of revenues in the three remaining months.

“The average shortfall per month was 1.5 billion ALL, and you will bring it to 5 billion ALL”, declared the former Minister of Finances, Ridvan Bode.

“Three electoral acts entered in effect on June 2013, which have lowered taxes. We cannot hide the fact that the second month in an electoral time has been very loaded”, Minister Cani replied.

The Democrats think that the government is managing badly even the other side of the budget, the spending.

“You accused us of excessive spending on the first semester for electoral purposes. If you will do the same thing for the next four months, now we would have 17 billion ALL less in spending”, Bode declared.

“Our management after January 2014 will be compared during the next year”, declared the Chairman of the Commission of Economy, Erjon Brace.

Another hot topic was the public debt level. Democrats claim that they left a 63% debt, but the government says that this is not the real debt, due to manipulations of the Gross Domestic Product figures and hidden debts.

“In the first four months you increased the debt with 6%, more than it has been increased in four years of the global crisis?”, Bode asked.

“Are yo saying that you have brought it to 64 and I sent it to 69 in the four months? Just because I felt you were hiding things, I was obliged to hire a foreign company to find the truth”m, Cani declared.

The new budget foresees 405 billion ALL of spending in total and a 83 billion ALL deficit, or 6.3% of the Gross Domestic Product.

Top Channel

DIGITALB DIGITALB - OFERTA