American Energy Expert: Should not abandon construction of new “Kosova”

American Energy Expert: Should not abandon construction of new “Kosova”

The chairman of the Kosovo Economic Ode, Berat Rukiqi, has called on Kosovo's new government to invest in the private sector and have strategies for export growth in order to create a long-term economy. Rukiqi, at a media conference, said Kosovo continues to face high unemployment, [...]

Rukiqi, at a media conference, said Kosovo continues to face high unemployment, and lack of foreign investment.

According to him, Kosovo's economy engine continues to be remittances and public investments.

The head of OEK has recommended skill in the workforce through dual education and company support through standardisation.

Rukiqi: New government must invest in public sector, export growth

“Ende remittances and public investments are the main carriers or main engines of economic growth, but this in the long run is not going to create a stability in relation to economic growth. If we don't have private investments if we don't have export growth we can't always be friends dependent on remittances and public investments. Therefore, this is a call to the new government since we talk about economic growth before you talk to me about figures to talk about substance and economic growth. We believe that the private sector should be carriers through private investments and through increased export”, Rukiqi said.

The first of the OEK has recommended that economic reform be continued and that there be no new taxes and no raises because it hits the domestic economy, but also lowers the possibility of foreign investment in Kosovo.

Rukiqi: New Government Must Continue Economic Reform

And what's really important is the continuation of any economic reform that has begun, to have their continuation, not to be interrupted. Very important not to have tax hikes, any tax hikes from any kind of government that comes is a blow to the country's authenticity, whether for domestic or foreign investors. We need to keep this tax policy low, to encourage as many young people as possible to open businesses, to strengthen the women's component” as much as possible, he stressed.

Rukiri said OEK is for the principle of setting reciprocity measures.

Rukiq: The principle of reciprocity must dominate

In principle, we are for a reciprocity principle in trade what you give me in the market, give it to the market, what you don't give me at the market, is the principle that should dominate”, Rukiqi said.

Speaking about the party programme that was promoted during this campaign, Berat Rukiqi stressed that political parties during this election campaign have not provided any platforms on how to achieve to a sustainable economic development.

During this news conference, Kosovo's Oda Economics Oda has reported on the establishment of the Counseling Board within Oda in order to provide economic problems solutions, especially for education, energy, promotion of foreign investors in Kosovo.

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