Arsic: The Constitution of Kosovo envisages that the Assembly adopts a law on currency, but it has not been adopted

Lawyer Vasilije Arsic, who, along with colleagues, filed a request last week to the Constitutional Court of Kosovo for the assessment of the constitutionality of Article 35 of the Regulation of the Central Bank of Kosovo, which removes the dinar from circulation, says that the Constitution of Kosovo envisages that the Assembly adopts a law on currency, but that such a law has not been adopted. He emphasizes that the Regulation issued by UNMIK previously defined the use of the dinar in the payment system of Kosovo and that this act is still in force.

"The Regulation of the Central Bank of Kosovo is unlawful because the CBK does not have the authority to enact regulations governing payment transactions in Kosovo. According to the Constitution of Kosovo, the Assembly is supposed to adopt a currency law. However, such a law has not yet been adopted, and the CBK has granted itself the mandate to enact regulations that are illegal and unconstitutional because it violates the Constitution, which clearly defines that the Assembly will regulate the currency in Kosovo through legislation," Arsic says for Kosovo Online.

He expects that the Constitutional Court will legally assess the request submitted by him on behalf of the legal team and reminds that he also submitted the request in his personal capacity.

"I filed the request both as a member of the legal team and as Vasilije Arsic because I am affected and endangered by the CBK regulation, as a member of the Serbian community who receives income in dinars. This regulation deprives me of the right to receive my pension, as well as other rights - such as property and dignity. The regulation also violates the right to life because many people find their lives more difficult since they cannot meet their daily needs, buy food, and medicine, or fulfill their existential needs. The regulation of the Central Bank of Kosovo undermines the livelihoods of 100,000 Serbs living in Kosovo who receive income from central Serbia, while the UNMIK regulation that defined the use of the dinar in the payment system of Kosovo is still in force. The dinar as a currency is not illegal in Kosovo," Arsic says.