Kosovo loses millions of euros from the use of the Serbian dinar
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11 month ago
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The use of the Serbian dinar in various municipalities of the Republic of Kosovo is causing millions of dollars in damages to the country's budget, as sales made through this currency are not declared to the Tax Administration of Kosovo.

In addition, the use of the dinar is considered illegal and unconstitutional.

In Article 11 of the Constitution of Kosovo, it is stated that a single currency is used as a valid means of payment in the Republic of Kosovo, while the Law on the Central Bank of Kosovo (CBK) also states that upon request, the Central Bank will exchange banknotes and euro coins.

There are over 50,000 Serbian citizens of Kosovo, including pensioners, who are paid by the Serbian state in dinars, while working in parallel institutions of health, education and culture that operate according to the Serbian system.

Sllavica Jankovic, a pensioner from the north of Mitrovica, tells KosovaPress that in that part dinars and euros are used as currencies for purchases in shops.

She admits that she receives her pension through the mail in dinars.

Even Momir Millojevic, another citizen from the north of Mitrovica, has announced that he receives his pension through the mail in dinars.

The Serbian analyst, Branislav Krstiq, emphasized that there are about 60 thousand Serbian citizens in Kosovo who receive salaries in dinars from the Serbian budget.

He considers that with the formation of the association, this issue will be resolved, because the parallel institutions will function within a common budget, and the salaries from Belgrade for Kosovo Serbs will be executed in euros.

Meanwhile, the economist Berat Jashari assesses the use of the dinar in Kosovo as very harmful in economic terms.

This phenomenon, he added, is causing losses of millions of euros to the country.

On the other hand, the expert on legal issues, Musa Damati, has called the use of the dinar in Kosovo unconstitutional and illegal in legal terms.

According to him, as long as there is no reciprocal bilateral agreement between the two countries, the circulation of the dinar is an illegal activity.

KosovaPress has requested an answer to this issue from the CBK, but officials from this financial institution have not responded.

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