Kosovo exports mostly cash ready

Kosovo exports mostly cash ready

Kosovo exports more cash ready than local products, say connoisseurs of economic issues. This thing that has characterised the post-independence period must change in the future. Kosovo's trade deficit since the period of independence has always been high. Kosovo exports much less goods than all states [...]

Kosovo's trade deficit since the period of independence has always been high. Kosovo exports far less goods than all countries in the region, while according to Kosovo Economic Ode Chairman Safet Gerjaliu, mostly exports cash ready.

The only thing Kosovo is definitely exporting is willing money, but what I have to stress is that we are not only exporting Kosovo citizens' money, but also diaspora money, which is unfortunately that their perspiration is deemed to be exported, respectively, to import goods from countries in the region to”, Gerjaliu has said. .

 Gerjaliu for Radio Kosovo has added that Kosovo citizens as the poorest in the region are in one respect working to create the welfare of other citizens in the region.

You're seeing a poor country like Kosovo is guaranteeing or generating social stability in the country, the region and Europe, while we're left with poverty and all the misery we're facing”, he said.

That our country, even after 10 years of independence, exports much more financial means than goods, says the head of the Kosovo Club of Producers, Astrit Panja:

We don't have the capacity to export, but since the post-war Kosovo economy, it means institutions are focused on collecting customs revenues, not creating conditions for production in Kosovo. For that reason we import much more than we produce, and this affects the export of money, not products from Kosovo”, Panja says.

To overcome this unfavourable situation in terms of trade deficit and export of cash, connoisseurs of economic issues say political circles in Kosovo should understand reality that over state interests are not party or political interests.

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