Kosovo has seen a higher-than-expected rise in tax revenues

Prishtina, KOSOVO – “The overall amount of money collected during the period January-April 2008 was €12.7 million more than expected for this period, namely an increase of 19.4 percent,” Kosovo’s Tax Administration said.

“Some of the factors that have influenced this rise in revenues is better communication with taxpayers, organising seminars for taxpayers, better efficiency in controlling taxpayers and in collecting debts and other outstanding payments,” the agency said.

Kosovo officials announced in late 2007 that the budget for 2008 will exceed €1 billion, compared to 2007 when it was around €718 million.

After the decrease of international donations, the budget of Kosovo since 2005 relies completely on customs and tax revenues.

Balkan Insight