Trust can help with economic recovery, half of contributors have little means in account

While it is estimated that there is long-term stability as a result of rising revenues to nine percent last year.

Kosovo Pension Savings Fund spokesman Jeton Demi told Online Economy that vehicle safety is dependent on security of the economy.

According to him, only 30 percent in Kosovo are invested vehicles, while 70 percent are financial markets.

So he says that so far markets and the world economy are positive, but that this depends on certain measureable or predictable parameters.

The “Noble has been dedicated since mid-February, when it affected China, financial markets have been globally affected and there has been a decline. It's completely recooperative to fall, there's movement and then there's a swing again as the pandemic is resurfaced, there's no quiet”.

The “in various stages has had up to 8 percent decline and is currently recooperative is below one percent. The point is that we have a long-term concentration, since last year we had up to 9 percent, totally 49 percent of our foundation”.

The safety of the means depends on the security of the economy, about 30 per cent in Kosovo invested, and 70 per cent are financial markets. The health of world markets and economy is positive, and investments will have the same health and security”.

There is nothing absolutely safe in the world, things cannot be predicted in financial markets, nor can the pandemic be predicted. The economic damage is huge, but we will see how the measures of key economies and funds will be reflected, Demi said.

Demi argued that enough in the Trust can help with economic recovery. As he said, it would affect increased consumption and money circulation.

But he said it is decurive that half of the contributors have less than a thousand euros in accounts, EO reports.

It is normal to stimulate the economy by allowing it to market hundreds of millions of euros but early to be spoken without passing law”.

But such a scenario would be positive in increasing consumption and money circulation. It is decurive that about half of the 300 thousand contributors have less than a thousand euros in accounts, the effect will not be on most accountants with the largest balance, only 20 percent”, Demi said.