Priština authorities form fund for northern Kosovo

A special fund for the development of the north, to which money from customs and taxes collected at the Brnjak and Jarinje crossings will go, has been formed.

Izvor: Beta

Thursday, 24.01.2013.

09:11

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PRISTINA A special fund for the development of the north, to which money from customs and taxes collected at the Brnjak and Jarinje crossings will go, has been formed. Kosovo PM Hashim Thaci has said that the money going into the Fund will be a part of the Kosovo budget. Pristina authorities form fund for northern Kosovo He explained that the EU would set up a special bank account in a Kosovo bank, adding that the account would be used to manage the funds in the Fund. The Fund will be managed by a three-member board that will consist of a Serb, Albanian and an international representative. The Serbian authorities have stated that no decision will be made without a consent of the Serb representative. “Decisions on capital investments and infrastructure will be made through consensus and if that is not possible, a vote of the international representative will be decisive,” Thaci said. The agreement on collection of custom duties in northern Kosovo has not been made public yet. Pristina media report that the agreement can be interpreted differently. The Jarinje administrative crossings (B92, file) Beta Tanjug

Priština authorities form fund for northern Kosovo

He explained that the EU would set up a special bank account in a Kosovo bank, adding that the account would be used to manage the funds in the Fund.

The Fund will be managed by a three-member board that will consist of a Serb, Albanian and an international representative. The Serbian authorities have stated that no decision will be made without a consent of the Serb representative.

“Decisions on capital investments and infrastructure will be made through consensus and if that is not possible, a vote of the international representative will be decisive,” Thaci said.

The agreement on collection of custom duties in northern Kosovo has not been made public yet. Priština media report that the agreement can be interpreted differently.

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