Economic recognition: Economic growth is insufficient, with employment and investment we are very bad.

Economic recognition: Economic growth is insufficient, with employment and investment we are very bad.

Kosovo Central Bank Governor Fehmi Mehmeti has declared that Kosovo Central Bank projections are that this year's economic growth rate is 6.6 per cent. Economist Safet Gerjaliu tells Clankosova.tv that calculating economic growth based solely on consumption is not enough, because according to him the country needs [...]

Economist Safet Gerjaliu tells Clankosova.tv that calculating economic growth based solely on consumption is not enough, because according to him the country needs substantial growth.

He estimates that the greatest credit for raising this indicator is the diaspora, but that the country needs growth based on many factors.

Kosovo needs foreign direct investment, needs to improve the balance of payments, needs contracting the jobs of local companies in different countries, needs political stability, needs rule of order and law...”, he claims.

In addition Gerjaliu explains that much better is to have two or three per cent growth, based on many indicators, than to say there are seven or eight per cent based on consumption, and that according to him should be government orientation.

“When it is imported so much and the state is converted into an import-dependent state, inflation is imported, it is well known to the citizens of Kosovo, because what they bought two years ago, today they cannot buy 50 per cent of that amount of”.

And the other economic connoisseur, Mustafe Kadriaj, claims it's early to talk about economic growth.

Kosovo doesn't have the comfort of this, because if investment even in employment we're very bad”.

The more economic growth is influenced by investments and investments at this time leave much to be desired, because Kosovo and the entire region are not in favour of having such serious investments to reflect on economic growth, because the effect of demand on economic growth is extremely large”, he points out.

And according to Prime Minister Albin Kurti's statement, that economic growth will be 7.9 per cent, it is very subjective and ambitious, but that in reality economic indicators are far from such an economic growth.

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