FISCAL POLICY IN KOSOVO AND ITS IMPACT ON ECONOMIC DEVELOPMENT | Zendy

Fehmi Mehmeti | Zendy; Arsim Dragaj | Zendy

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FISCAL POLICY IN KOSOVO AND ITS IMPACT ON ECONOMIC DEVELOPMENT

Author(s) -

Fehmi Mehmeti,

Arsim Dragaj

Publication year - 2019

Publication title -

knowledge international journal

Language(s) - English

Resource type - Journals

eISSN - 2545-4439

pISSN - 1857-923X

DOI - 10.35120/kij26061693m

Subject(s) - treasury , fiscal policy , economic policy , revenue , government (linguistics) , finance , inflation (cosmology) , business , order (exchange) , administration (probate law) , government revenue , economics , fiscal union , political science , macroeconomics , linguistics , philosophy , physics , theoretical physics , law

Fiscal policy in Kosovo (1999) is based on government revenue and expenditure for achieving certain economic and social goals, and to influence macroeconomic indicators.Fiscal policy in this direction should be in the function of development and economic growth, with a high employment rate and protected from inflation.After the war in Kosovo, an UNMIK mission was set up, which from June to September 1999 was designated to provide donations in order to meet the emergency needs for financing and activating public administration, infrastructure rehabilitation and public services.In September 1999, the United Nations Civilian Administration established the Central Fiscal Authority (CFA) in Kosovo to build fiscal policy.Fiscal policy under specific conditions in Kosovo was tightened to mobilize financial means to cover public needs. So initially it was determined to collect funds for the Treasury bypassing the aspect of development of Kosovo. No mitigating administrative measures have been taken for economic development.

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