Criticism Mounts Against Kosovo Government's Economic Policies
Economist Shenoll Muharremi criticizes Kosovo's government for anti-business economic policies.
Key Points
- • Shenoll Muharremi criticizes the current government's economic policies.
- • The government is accused of 'sadistically' harming local businesses.
- • A controversial 100 euros distribution to 700,000 citizens cost about 80 million euros.
- • Local businesses face up to 300% higher energy costs, leading to decreased competitiveness.
In a sharp critique of the Kosovo government, economic policy expert Shenoll Muharremi has labeled the administration's actions as 'sadistic' towards local businesses. His condemnation arises from policies that he believes are undermining the economic health of the country. Notably, he highlights a controversial decision to distribute 100 euros to 700,000 citizens before the recent national elections, at a cost of around 80 million euros. Muharremi argues that this move has adverse effects on the economy, contributing to an increase in imports and a growing budget deficit, with approximately 80% of the funds leaving the local economy.
Furthermore, he points out the exclusion of local businesses from the free energy market, which he claims has led to energy costs soaring as much as 300% higher than necessary. This has adversely impacted the competitiveness of local products, contributing to declining sales and an import level that exceeds 6 billion euros annually. In summary, Muharremi suggests that the current government's economic policies stem from a personal vendetta against local businesses, which he refers to derogatorily as 'obligators,' indicating broader ideological conflicts at play.