Hamza: Development Bank to be failed project

Kosovo's deputy head of the PDK Assembly, Bedri Hamza, has declared that the founding of the development bank, the government claim Kurti, will be a failed project and will violate the banking sector.

Criticising the government's programme in the area of the economy, Hamza during today's session said that with the establishment of this bank, market regulations would be broken.

You can also establish the development bank, you can get about seven million euros as initial capital, you can increase the public debt for about 200 million or 100m euros. But its effects on the economy have been very small. If you break market rules you'll violate the banking sector. I don't know when to establish it, but I know it will be a failed” project, he said.