BREAKING NEWS

Basha issues the document that 'extinguishes the hopes' of Sali Berisha

Basha issues the document that 'extinguishes the hopes' of Sali
x
BREAKING NEWS

"Bomb" evidence from the US: Berisha will be arrested! Here's what sank him! Why hide these things?

"Bomb" evidence from the US: Berisha will be arrested! Here's
x
BREAKING NEWS

Artan Hoxha reveals the strong details: The clan ATM, how the Moroccans cut off the "arms of the Çapaj"! The group was given a very heavy blow ...

Artan Hoxha reveals the strong details: The clan ATM, how the Moroccans cut off
x
BREAKING NEWS

The police "shield" the entrances and exits of the city, what is happening in Fier

The police "shield" the entrances and exits of the city, what is
x
BREAKING NEWS

Lushnja massacre, GJKKO gives decision for Orges Bilbil and Anterio Kaloshi

Lushnja massacre, GJKKO gives decision for Orges Bilbil and Anterio Kaloshi
x
BREAKING NEWS

KLSH reports to the prosecutor five senior officials (ACCUSATIONS)

KLSH reports to the prosecutor five senior officials (ACCUSATIONS)
x
BREAKING NEWS

Rama meets with Erion Veliaj, here is what is happening

Rama meets with Erion Veliaj, here is what is happening
x
BREAKING NEWS

Lulzim Basha's last move is revealed

Lulzim Basha's last move is revealed
x

Ekonomia

After criticism the government cuts spending on concessions, the ceiling on the value of contracts drops to 41.9% of GDP

After criticism the government cuts spending on concessions, the ceiling on the

The government has decided to cut spending on concessions. Expenditures for 7 new concessions were foreseen in the new budget, but the government withdrew from the car testing concession, while lowering the spending ceiling. Some foreign organizations expressed criticism and demanded caution with the concessions. The new budget for 2022 was approved yesterday and the newspaper has provided the final changes. "The ceiling for the total value of contracts as a percentage of GDP for all existing and newly contracted concession projects / PPPs for 2021, in accordance with the data of the concession register, is 41.9% of GDP. Each new contract follows the procedures and rules of the legislation in force for concessions / PPPs ", it is stated in the new article 18 of the budget law. Meanwhile in the initial plan it was foreseen that the ceiling would be 45. 6% of GDP. The changes have come both due to the waiver of the testing concession and due to the reduction of costs for other concessions. “At the request of the Ministry of Finance and Economy, after discussions in the committees and after the confirmations received from the contracting authorities, some changes are made in the list of concessions / PPP, according to the attached list. One of the changes is the removal from the list of vehicle concession testing concessions, which is a service performed by the General Directorate of Road Transport Services. Also, some clarifications have been made in the values ??of concessions for Arbri Road, Saranda Airport, Vlora port and Milot-Fier road. These changes lead to the reduction of the total value of concession contracts, which after the changes results in 41.9 percent of GDP, from 45.6 percent of GDP provided in the draft law. "These changes do not bring any change in the budget indicators", it is said in the report of the Committee of Economy.

Other budget changes

The Committee of Economy in the framework of the changes it has made, at the end of Article 11 has added a paragraph which states: "Fund of ALL 200 million, provided in the budget program" Execution of various payments "in the Ministry of Finance and Economy , used for pre-financing, co-financing and payment of value added tax and customs duties for projects with foreign financing. The procedures for the distribution of this fund are determined by the instruction of the minister responsible for finance. The amounts distributed from this fund add the expenditure limits defined in article 3, as well as in tables 1 and 3, which are mentioned respectively in articles 11 and 15 of this law. ”. According to the changes in the budget, the Reserve Fund of ALL 2,900 million will be used by decision of the Council of Ministers, as follows: a) ALL 2,400 million for unforeseen cases of general government units; b) 500 million ALL for the project on children and youth. It is further determined that the limit for the annual increase of the total existing central government debt stock and that of the central government guaranteed for the benefit of third party beneficiaries, for 2022, excluding the possible effects of exchange rate changes, is up to ALL 56,503 million, given in detail, as follows: - For the total annual net borrowing, including domestic and foreign borrowing, up to ALL 50,632 million. - For the annual increase of central government guarantees for the benefit of third party beneficiaries, up to 5 871 million ALL. b) 500 million ALL for the project on children and youth. It is further set that the limit for the annual increase of the total existing central government debt stock and that of the central government guaranteed for the benefit of third party beneficiaries, for 2022, excluding the possible effects of exchange rate changes, is up to ALL 56,503 million, given in detail, as follows: - For the total annual net borrowing, including domestic and foreign borrowing, up to ALL 50,632 million. - For the annual increase of central government guarantees for the benefit of third party beneficiaries, up to 5 871 million ALL. b) 500 million ALL for the project on children and youth. It is further set that the limit for the annual increase of the total existing central government debt stock and that of the central government guaranteed for the benefit of third party beneficiaries, for 2022, excluding the possible effects of exchange rate changes, is up to ALL 56,503 million, given in detail, as follows: - For the total annual net borrowing, including domestic and foreign borrowing, up to ALL 50,632 million. - For the annual increase of central government guarantees for the benefit of third party beneficiaries, up to 5 871 million ALL. It is further set that the limit for the annual increase of the total existing central government debt stock and that of the central government guaranteed for the benefit of third party beneficiaries, for 2022, excluding the possible effects of exchange rate changes, is up to ALL 56,503 million, given in detail, as follows: - For the total annual net borrowing, including domestic and foreign borrowing, up to ALL 50,632 million. - For the annual increase of central government guarantees for the benefit of third party beneficiaries, up to 5 871 million ALL. It is further set that the limit for the annual increase of the total existing central government debt stock and that of the central government guaranteed for the benefit of third party beneficiaries, for 2022, excluding the possible effects of exchange rate changes, is up to ALL 56,503 million, given in detail, as follows: - For the total annual net borrowing, including domestic and foreign borrowing, up to ALL 50,632 million. - For the annual increase of central government guarantees for the benefit of third party beneficiaries, up to 5 871 million ALL. up to ALL 50,632 million. - For the annual increase of central government guarantees for the benefit of third party beneficiaries, up to 5 871 million ALL. up to ALL 50,632 million. - For the annual increase of central government guarantees for the benefit of third party beneficiaries, up to 5 871 million ALL.