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The federal government for revenues for 4 months had 703.2 million euros, spent 817.1 million euros

Kosovo Agency of Statistics has published Kosovo government accounts on a quarterly basis, stating that the amount of Government revenues in the last quarter of 2020 was 703.2 million euros.

According to KAS, this publication presents the overview of government revenues and expenditures within the fourth quarter (Q4) 2020.

“The amount of Government revenues in Q4 2020 was 703.2 million euros. Most of the revenues are taxes on products, which represent 52.2% of total revenues, while the rest is distributed to other categories of revenues. The amount of Government expenditures in Q4 2020 was 817.1 million euros. Social contributions and benefits account for the largest share of expenditures (21.3%); workers’ compensation (20.9%); gross capital formation (16.6%); and intermediate consumption (10.8%). Whereas, the rest of the expenditures have been distributed in other categories of expenditures “, it is said in the KAS communiqué.

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