PRISTINA, Serbia-Montenegro (AP) - Several organizations pledged millions of euros (dollars) Wednesday to cover Kosovo's budget deficit.
The European Commission, the World Bank and the U.S. Agency for International Development indicated they would contribute up to euro56 million, or about US$68 million, to cover the expected budget deficit in 2006 and 2007, a U.N. statement said.
Kosovo's budget is euro700 million (US$852 million) and its 2006 budget deficit is expected to amount to up to euro50 million, or about US$61 million.
Joachim Ruecker, the head of U.N.'s economic sector, said the commitments made "are needed in order to have a balanced budget, which is absolutely necessary for fiscal stability," according to the statement.
The province of 2 million is the poorest region in the Western Balkans. It became an international protectorate, run by the United Nations and NATO-led peacekeepers, in 1999 after a NATO air war ended a Serb crackdown on ethnic Albanian separatists.
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5 comments:
No Mir what you wish is to cut Kosova in half and give it to the Serbs. Please spare me the bullshit. If you cared for Kosova's economy you would have gone to Belgrade and lobbied to stop blocking the privatisation process of Kosova's industry. Of course it will be a long transition but we will get there, no Kosovar will stand Serbs laughing about Kosova saying "see 20 yrs later they haven't done anything". In fact we will work harder just so in 20 years we can laugh at you guys by saying, "look where we got, here we are today". Don't forgett we have a large labor arm plus of the power waving coming from the "multiplying insects". Which reminds me if we are that what does that make Serbs, incompatent criminals? HAHA
Ivan, you are one ignorant SOB! Those ten years that "siptars boycotted everything" are from 1990 - 1999, the exact same years when Serbia started 4 wars! Not only you pricks did not build anything in Kosovo (or Serbia for all it matters) in that period, but you spent OUR bank savings and whatever you could steal from us to finance your slaughtering machine. We also suffered from UN sanctions just because we had the misfortune to be occupied by the biggest jerks in Europe - Serbs. On top of all this, serb imposed authorities stole everything they could during the 90's from Kosovo industry – the plundering went so far that even mergers of factories in Kosovo with those in Serbia were forged just so the machinery and stuff could be literally transported to Serbia.
Get your facts straight before you shout your mouth off.
P.S. You don't say "Man, take pill chill out"!!! LOL, it is really funny, a Serb trying to appear cool. You either say "take a chill pill" or "chill out." Go listen to Miroslav Ilic and laugh at Bata Zivojinovic jokes - that seems to be the space in time (and culture) you Serbs are stuck.
Ivan, what does "you really have a complex or something" mean?
Also
"Please read your post agaian and you will see n othing how much you care about your so called future state."
You go read it, I talked about a lot of things that will happen and that I am optimistic about, I think you need to read it again
And.."Dont forget that you shqiptars boycotted everything for more than 10 years"
So it is OUR fault for all the terror Serbia has caused in Balkan, for all the massacres, the blood, the pain? Man you sure have hit those drugs in Belgium or wherever HARD!!! Get your head out of your ass and stop smoking pot!
The Serbs killed Albanian civilians, we killed the men that killed our civilians. That's how it is you smart JugoSLUT.
Haha, yes the figures keep on changing depending on what day of the week it is.
To the first poster, i laughged when you said that in twenty years time you will be laughing at us. Man in 20 years, Serbia, an investment CENTRE of the Balkans, will grow into a developed economy as it has in the last six years.
Your stangnant economy is struggling to attract investors while Serbia continues to attract record levels of investment like in 2005.
Good luck dude, you'll need it,
Peace out
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