Economic recovery will depend heavily on government measures

Economic recovery will depend heavily on government measures

In the course of regular meetings following the outbreak of COVID-19, Kosovo Central Bank Governor (BQK) Fehmi Mehmeti hosted the heads of the American Economic Ode in Kosovo, Arrian Zeka and the Kosovo Economic Ode Berat Rukiqi. In the released media communiqué, ideas about the recovery programme were reportedly exchanged during the meeting. [...]

In the released media communiqué, ideas about the recovery programme were reportedly exchanged during the meeting, and in this case, the needs and priorities of companies in Kosovo.

“Guvrinator Mehmeti said that after the end of the pandemic and the departure of restrictive measures, economic recovery will depend heavily on economic measures taken during and after the pandemic. He spoke of measures to be implemented in support of the family economies and micro, small and medium-sized enterprises, stressing the role of the Kosovar Fund for Cremedation (FKGK) in facilitating access to finance. He said that Kosovo, fortunately, has a low level of public debt in relation to BPV, which allows flexibility in terms of recovery package”.

“While leaders of the economic Comedies highlighted among other things the need for closer co-ordination among all important acts aimed at rapid recovery. They said that among the most important priorities remain injecting liquid means into the economy, as well as supporting sectors whose activity will continue to be limited even after the phase of pandemic, while the role of commercial banks in this respect is extremely important”, said the communique.

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