BQC warns economic decline because of coronary

BQC warns economic decline because of coronary

The country's economy will suffer as a result of pandemic. This, since the Central Bank, among other things, envisions lower remittances, representing 10% of Kosovo's GDP. However, according to the governor, the situation is currently stable because of the management it is becoming. Mehmeti, at a media conference, said banks are continuing [...]

The country's economy will suffer as a result of pandemic.

This, since the Central Bank, among other things, envisions lower remittances, representing 10% of Kosovo's GDP.

However, according to the governor, the situation is currently stable because of the management it is becoming.

Mehmeti, at a media conference, said banks are continuing to have liquidity, KOHA reports.

On the other hand, he added that he has cash supplies.

According to Mehmet, the disinfectation of the money has also begun.

The Central Bank, at the beginning of the spread of the coronary in Kosovo, has made the decision to postpone payment of credit installments without punitive interest.

The BQK governor has clarified that banks are allowed to bill their clients' interest for the delayed months.

The Central Bank of Kosovo has demanded that citizens avoid cash payments to prevent the spread of COVID-19.

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