The governor of BQCH shows how much money the diaspora has sent this year

“After our projections as the Central Bank of Kosovo in 2020, it is expected to mark a 7.2 per cent decline in real terms which at one time represents the worst blow Kosovo's economy has suffered in these 20 years, Mehmeti says.

The key “awareness of the decline in economic activity in Kosovo also had limited movement measures from other states that largely reduced the visits of our diaspora to Kosovo, which present a very important financial source for the country's economy”, he adds.

“Based on data recorded by September 2020, the spending of non-residents in Kosovo, the majority of which are from the diaspora was 470m euros, which represents a 60 per cent drop compared to the same period last year. So in the same period last year, we've had about one billion euros coming in on behalf of non-resident spending, which is mostly from the diaspora, Mehmet says about RTV Dukagini.

A factor that has contributed to easing the consequences of the crisis has been exactly remittances from diasporas, which even at this very difficult time for the world economy continued the steady course towards our economy. The value of remittances accepted by October 2020 was 796.5m euros”, Mehmeti said.