During a parliamentary session focused on budgetary matters, LDK deputy Fatmir Bytyqi addressed several critical concerns regarding the nation’s fiscal stability. The questions were directed to the Minister of Finance, Gordana Dimitrieska-Koçoska, who was not in attendance at the session. The central topics of discussion revolved around the increasing volume of state borrowing, the trajectory of public debt, and the proposed framework for new credit arrangements.
Bytyqi expressed significant reservations about the current fiscal path, noting that the country’s public debt is already approaching a level estimated at 11 billion euros. His questioning highlighted the concern over forthcoming announcements detailing additional new borrowings and outstanding obligations to the economy. A primary point of contention raised by Bytyqi was the confluence of these factors.
He pointed to the fact that the current deficit already surpasses the legally established threshold, registering approximately 3.5% of GDP. Furthermore, the high deficit realization observed in the initial months of the year contributes to an overall picture of escalating fiscal risk. The deputy argued that the combination of these elements—the need for new funding mechanisms alongside an already elevated debt level and persistent deficit spending—signals serious potential risks to the sustainability of public finances and the broader national economy.
The questioning underscored a demand for greater transparency and caution in managing the nation’s financial liabilities moving forward.
Topics: #bytyqi #new #debt
During a parliamentary session concerning budgetary matters, LDK deputy Fatmir Bytyqi voiced significant concerns regarding the nation’s fiscal stability. Bytyqi directed these questions to the Minist