The Government of the Republic of Kosovo convened an electronic meeting during which two significant decisions concerning public finance management and the administration of seized assets were formally approved. Firstly, the government approved the Consolidated Annual Report detailing the functioning of the Internal Control System of Public Finances within public sector entities for the year 2025. This report provides an assessment of the mechanisms designed to ensure fiscal accountability across various state institutions.
Secondly, the executive body approved a decision authorizing the Ministry of Finance to take the necessary steps to establish a specialized account within the Single Treasury Account (LlVTH). This new account has been designated as the “Confiscation Fund.” According to the approved decision, this dedicated fund will operate exclusively for the receipt and systematic recording of revenues generated from property confiscated through judicial rulings issued at the first instance. These measures represent procedural updates aimed at enhancing transparency and streamlining the handling of state assets derived from legal proceedings.
The approval of the internal control report signals a commitment to reviewing and strengthening financial governance structures. Simultaneously, the establishment of the dedicated Confiscation Fund ensures that the revenue streams resulting from the judicial confiscation of property are tracked and managed through a single, controlled mechanism within the national finance framework. These actions underscore the government’s focus on maintaining rigorous standards in public finance management.
Topics: #public #finance #approved
