Rukiqi: Kosovo economy is being damaged by 10m euros per day due to COVID 19

Kosovo Economic Ode Chairman Berat Rukiqi said we have 10m euros in damage to daily bases in the country due to the COVID-19 situation.

This is extremely much for our economy if it lasts up to 3 months that are roughly 1 billion euros in damage to the country's economy, which is almost 1/7 of GDP”, he said.

Rukiqi also cited other effects on GDP, and according to recent estimates economic growth of 4.5%, in the most optimistic version it will drop to 2.6%, while according to him, there are other estimates that it will be 1.5%.

For a small economy like Kosovo that is limited to resources, he said it is extremely problematic.

Rukiqi mentioned there is a drop in circulation by 20% in the construction and production sector.