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      Zeka: Kosovo is delayed with recovery package

      Zeka: Kosovo is delayed with recovery package
      Periskopi
      icon-alarm.svg28 July 2020, 08:45(6 years ago)
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      The measures that have been involved in the economic recovery package, since the outbreak of the pandemic, are reflected largely with those that have been in American Oda's recommendations, so said American Economic Age Executive Director Arian Zeka. Among other things, Zeka he said, the main business problem [...]

      The measures that have been involved in the economic recovery package, since the outbreak of the pandemic, are reflected largely with those that have been in American Oda's recommendations, so said American Economic Age Executive Director Arian Zeka.

      Among other things, Zeka for Online Economics said the main problem of businesses over the past five months has been the difficulty in liquidity, and relief of access to finance would be among the most welcome measures from the recovery package.

      According to him, the country's institutions have been delayed to approve the economic recovery package, while saying other states have started with third packages in support of the economy. The “Masses that have been involved in the recovery package reflect largely also those that have been in American Ode's recommendations for the past five months. Since the first day of the pandemic explosion, the New Government appears to have taken to large account those that have been as recommendations of the past government. Some of the measures, such as facilitating access to finance, offering insurance for new loans, Zeka added.

      He said the cost of the state is meant to be 300m to 400m euros in implementing these measures from the recovery package.

      When we are financing the recovery package, there are international loans which have been secured on the part of the government and these international financial agreements, which have been approved by the Parliament recently. The state cost is meant to be 300m to 400m euros in implementing these measures from the recovery package. This does not mean that all will be spent, but this is the possible cost since the state has seen 1.2 billion primarily mobilised credit, banking means in the country. Then there is double the budget for Agriculture”, he added.

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