Rukiqi: Businesses in Kosovo face barriers to financial access

Rukiqi: Businesses in Kosovo face barriers to financial access

The Kosovo Economic Oda in co-operation with the World Bank has organised the workshop for “The integrity of the Western Balkans for Private Equity Investment”, which aims to improve financial access to small and medium-sized enterprises. Kosovo Economic Ode Chairman Berat Rukiqi said that the growth and development of businesses in Kosovo [...]

The chairman of the Kosovo Economic Ode, Berat Rukiqi, said that the growth and development of businesses in Kosovo are facing several internal and external barriers.

As foreign managers of doing business, he cited access to finance, while as the interior barrier of businesses he said is the aspect of business planning, strategic orientation and financial reporting.

If we see the external environment of companies in 2018 as a barrier that has shown us to the growth and development of companies especially small companies is access to finances and any investment opportunities and any alternative financing opportunities from what we have now in the financial sector in Kosovo is always welcome in a sense that increases access to finance for our companies. On the other hand, when we analyze the internal barriers of companies, it turns out that, in terms of business planning, strategic orientation and on the other hand, the financial reporting of companies ourselves, we have considerable jams that our companies leave behind the cocoja at a problematic level of finding financial alternatives”, Rukiqi said.

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