18 minutes agoBQK Governor: Coronavius will affect the employment and wages of citizens
Periskopi(6 years ago)
(6 years ago)Central Bank of the Republic of Kosovo Governor Fehmi Mehmeti in a conversation to Radio Free Europe has spoken about the consequences that will be in Kosovo's economy following the situation created by the new choreography, which has already affected all states of the world. Mehmeti says the spread of the virus [...]
Mehmeti says the distribution of the COVID-19 virus has created a new situation worldwide and the consequences for the economy will certainly be obvious.
According to him, the inability of businesses to exercise their activity normally will affect the employment and income of citizens, directly affecting the drop in consumption”.
Moreover, unfavourable economic developments in Kosovo developed countries are expected to be felt even through possible weakening of the flow of remittances, which is expected to weaken citizens' ability to finance consumption” further, Mehmeti says.
