Public debt has been a real concern for the opposition since the beginning of the mandate of the governments of PM Edi Rama, said the deputy chairwoman of the Democratic Party (DP) Jorida Tabaku, member of the Committee on Economy and Finance, claiming that this debt has already reached the point extreme to 92%.
Tabaku said on a local TV on Friday evening that the level of 80% of the debt is very high, but not real because if the hidden debt of the Arbitration and also the PPP that should be accounted for as such, the real debt today is 92% of GDP.
Tabaku argued that the government’s justifications for the earthquake and pandemic are baseless alibis as governments have voted on precisely these situations.
“A debt of 1 billion euros was taken during the pandemic and only 120 million euros were given as aid to the economy; all the reconstruction debts have been carried forward to the current year,” she said.
The exact value of the debt, according to Tabaku, should be seen in the light of the High State Audit (KLSH) and IMF reports.
“KLSH reports that the bills of the Arbitration Court should have been calculated in the Public Debt as the IMF says that PPP should have been calculated as well. As calculated, all these amount to 12% of GDP and increased the debt from 80.1% to 92% of GDP,” said Tabaku.
The Deputy Chairman of the Democratic Party said that the issue of debt is a hot debate as it has been discussed very often in the Committee on Economy and Finance, since a few weeks ago EUROBOND received 700 million euros.
“For the first time in the last 20 years, the debt exceeds the level of 80% of GDP and the real figure is at 92%. This is a red line because interest payments have increased for the debt and amount to about 100 million euros, while the debt is constantly taken to repay the debt!” she said. / Argumentum.al
