EU adds 5.25m euros to Kosovo budget

As the European Union Office in Kosovo reports, the transfer brings direct EU support for Kosovo's budget under the sustainability contract signed in 2020 to a total of nearly 26m euros.

While the worst of the pandemic crisis is behind us, Kosovo and the EU are affected by rising food and energy prices. Through this budgetary support fee, we help Kosovo's financial liquidity of actions undertaken to support small businesses, agriculture and vulnerable groups, to face financial difficulties in the current situation”, the report said.

Budgetary support is a form of EU support, where the EU rewards governments for the progress they make in implementing their strategies and in achieving the goals they have set for themselves.

The previous EU payment for the sustainability contract was 20.5m euros, released in December 2020.

“The EU encourages the Government of Kosovo to address weaknesses in the social assistance system to better target poor families, some of which currently have no right to take advantage of this system. Since available revenues are especially reduced for vulnerable groups, budgetary regulations for the social assistance system should be well-oriented and transparently”, the EU report concludes.

Kosovo's 2022 budget is 2 billion of 748m euros.