Over 700 thousand euros from the diaspora drop remittances

To even face this situation, incumbent Prime Minister Albin Kurti sought help from fellow countrymen.

And according to the Ministry of Finance and Transfers, up until now, over 700 thousand euros have been collected in this account, specifically dedicated to confronting COVID 19.

Meanwhile, BEC Governor Fehmi Mehmeti has warned that if the diaspora cannot possibly come to Kosovo, we risk more than 1 billion euros in losses.

Even remittances from remittances this year are on the decline.

According to the Kosovo Central Bank in the first 4 months of the year, there is a drop in revenues from remittances for 14% compared to last year.

Meanwhile, this decline in remittances by remittances is bothering the country's economists.

Kadriaj Mustaf named 2020 as the year of economic recovery, not as a developmental year.

According to him, the best way out of this economic crisis is international financial support.

Or in the other case, taking long-term debts from relevant institutions.

As far as economic recovery package is concerned, the same is being designed by the group that is led by Zv. Finance and Transfers Minister Ilir Aliu.

From this, the minister has said they will soon prepare the second half of the fiscal package dealing with economic recovery.