3 hours ago800 million this year: Despite pandemic, remittances from the diaspora grew
Periskopi(5 years ago)
(5 years ago)Kosovo Central Bank Governor(BQK)Fehmi Mehmeti stressed today that according to economic projections, Kosovo is expected to mark a 7.2 per cent economic downturn. “as a consequence of the Covid-19 pandemic, economic growth by 2020 is expected to mark a 7.2 per cent” decline, he said. At the media conference for the end of the year, Mehmeti said remittances from the diaspora at this time [...]
Kosovo Central Bank Governor(BQK)Fehmi Mehmeti stressed today that according to economic projections, Kosovo is expected to mark a 7.2 per cent economic downturn.
“as a consequence of the Covid-19 pandemic, economic growth by 2020 is expected to mark a 7.2 per cent” decline, he said.
At the latest media conference, Mehmeti said remittances from the diaspora at this difficult pandemic time continued the course, from January to October, have scored 796.5m euros, with an annual increase of 12 per cent.
Governor Mehmeti said the banking sector this year has had a key role in the process of economic recovery, as this sector continues to be stable, stable and well-capitalised.
As far as arbitration with “Lute Credit” is concerned, the governor said the actions would be based on legislation in force and expected to win the case in arbitration.
“As far as arguments and facts this process will be in favour of Kosovo”, he stressed.
Out of 6.5 interest rates, however, have scored 6.3 per cent.
The CEC under a competition has announced the centre Shkodra “economist of the year”.
