Kosovo in political blockade, major economic damage warned

Kosovo in political blockade, major economic damage warned

The creation of new jobs and development of small and medium-sized enterprises in Kosovo, by economic experts, are listed as the two most important economic priorities for 2020. But economic experts say that <x0 policy deadlocks will cause problems in the local economy”. Economy experts estimate [...]

The creation of new jobs and development of small and medium-sized enterprises in Kosovo, by economic experts, are listed as the two most important economic priorities for 2020.

But economic experts say that <x0 policy deadlocks will cause problems in the local economy”.

Economy experts estimate that political blockades will cause problems in the local economy. Economy recogniser Naim Gashi tells Radio Kosovo that the problem will be for realising capital projects.

According to him, health, education, job creation should be the priorities of the future government, for the country's development.

“Vones for institution creation in addition to economic aspect also affect the state image and the discouragement of foreign investments Kosovo needs. Education and health should be the two primary sectors in the future government, because these two sectors are pre-colapsis, if not to collusion”, Gashi said.

The chairman of the Kosovo Economic Ode, Berat Rhuqi, wants the country's new institutions to be formed as soon as it says, delaying their creation is at irreparable damage to the country's economic development.

Kosovo does not have the comfort that only economic growth has, in 2019, we have failed to create circumstances and we have a stable growth, not four percent or five percent, but to move away, seven or eight”, he said.

E Agim Sahini, from the Kosovo Alliance of Business, tells Radio Kosovo that the future priority government should have the drafting of the country's National Strategy for Economic Development.

“in that strategy will have to be the priority of the country's economic development, we don't actually know what the country's development priority is, as a private one, we can say we have some initiatives, but as a state they are often hampered. Therefore, developmental design for the country's economy should be the priority of the incoming and future government in order to focus on a” program, Sahin said.

Experts, meanwhile, assess that the draft for the Commercial Court should be developed and security increased, because this, according to them, could also affect foreign investment flows to Kosovo. However, Kosovo has entered the new year, without the 2020 budget approval, which for this year is expected to be around 2.4 billion euros.

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