Bashkia Lushnje Plani i Investimeve Kapitale

The PIK outlines the timeframe for implementation, construction costs, financing sources, and other detailed information related to public infrastructure. The document is organized into chapters that reflect the steps taken during the PIK preparation process and is supplemented by a comprehensive overview of expenditures for capital investments in accordance with the PPV phases. The main purpose of the PIK is to ensure the integration of strategic objectives identified in the Strategjia e Zhvillimit për Territorin into the planning process. The document aims to create direct links between priority capital projects and expenditure priorities through the effective allocation of available resources. It also seeks to improve budget forecasting, supported by objectives and priorities set for a multi-year period for all expenditure programs. The PIK is a multi-year plan of priority capital projects listed according to priority, presented in phases, which identifies the asset to be rehabilitated, the year when it will be implemented, and the duration of the investment, as well as the proposed method of financing the investment. The PIK is a comprehensive overview that includes expenditures for capital investments for each year, detailed according to strategic objectives and programs that fulfill them, as well as the method of financing them. The main goal of the document is to enable: - the guarantee of mechanisms necessary for the integration of strategic objectives identified in the document of the Strategjia e Zhvillimit për Territorin into the planning process - the creation of direct links between priority capital projects and expenditure priorities through the effective allocation of available resources - better budget forecasting, supported by objectives and priorities set for a multi-year period for all expenditure programs - the use of the principle of the value of money through the effectiveness and economic efficiency of public expenditure - the strengthening of fiscal discipline by enabling public expenditure to be planned within a realistic macroeconomic and fiscal framework, in line with the multi-year budget program (PBA). The first step in preparing the PIK is the development of PIK policies, which reflect the strategic vision of the development of the municipality as well as the financial and fiscal strategy that will be followed to enable the realization of strategic objectives that break down this vision. The development of PIK policy is followed by the evaluation and identification of capital needs (Figure 1. Hapat në hartimin e PIK). The third step enables the analysis of the financial capacities of the municipality, and presents a comprehensive view of the situation and financial possibilities of the local unit, stopping particularly at the capacity to pay of the unit as well as the possibility of reducing operational expenditures, presented with new financial instruments in function of the improvement of public infrastructure. This analysis is followed by the list of priority capital projects, based on a valuation methodology divided and agreed with actors.