Kosovo may experience economic growth in the next two years, but something endangers

Kosovo may experience economic growth in the next two years, but something endangers

  Despite the political crisis the country faced, the growth trend has risen, the World Bank analysis says. The expectations of this institution are from 3.6, since it was last year, up to 4.4%. The biggest impact on economic growth has been the export of services, [...]

 

Despite the political crisis the country faced, the growth trend has risen, the World Bank analysis says.

The expectations of this institution are from 3.6, since it was last year, up to 4.4%.

The biggest impact on economic growth has been the export of services, conveyed by investments and consumption.

This international institution has envisioned positive developments in the next two years, up to 4.8%.

But to maintain these positive figures both Kosovo and the entire Western Balkans must take care of certain factors.

The World Bank says 2,030 new jobs have been created in the region for 12 months, mainly in the private sector.

The released data speaks of increased fiscal deficit, due to the faster execution of capital projects and increased social transfers, such as veterans and pensions.

 

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