Prishtina, 25 April, 2023
Under the leadership of the Prime Minister of the Republic of Kosovo, Albin Kurti, the meeting of the Grants Commission was held today, where the municipal financing for the year 2024-2026 was discussed and approved.
The draft prepared by the Ministry of Finance, Labor and Transfers for municipal financing for the period 2024-2026 is based on the legislation on public finances and the approval of this draft will enable the municipalities and the central level to develop the budget process regularly.
In total, the municipal budget for 2024 at the municipal level amounts to 742.02 million euros, which represents an increase of 82.51 million euros compared to the municipal budget of 2023.
The General Grant for the year 2024 captures the amount of 284.68 million euros, which represents the largest value ever for this grant. This record value of the General Grant comes as a direct result of increased revenues in the State Budget.
There is also an increase in the specific Grant for Health and the specific Grant for Education. The Health Grant for 2024 has increased by 16% compared to 2023, or 11.5 million euros, while the Education Grant has increased by 18.5%, or 37 million euros.
The Grants Commission has approved the budget with an increase for the Capital Grant by nearly 12% compared to 2023, as well as the Financing for theaters with an increase of 80% or 720 thousand euros.
The Government of the Republic of Kosovo and the Ministry of Finance, Labor and Transfers remains committed to its goal of raising social welfare, and highly appreciates the cooperation with the municipal level to be as close as possible to the citizens.
Last modified: April 26, 2023