Rukiqi criticises Kurti Government: World Bank Report Confirms Economic Failure

Berat Rukiqi, a member of the Democratic League of Kosovo chairmanship (LDK), has written on Facebook for the World Bank report.

He said the report in question confirms the failure of the Kosovo government led by Albi Kurti.

Problem, according to Rukiqi, are the findings for lower employment rates, where only 37.1% of the working age population works.

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BANKE RATIO WORLD CONFIMINATIONS

Kosovo ranks last in the Balkans and Europe with the number of employees.

Four years of mandate without any serious economic initiative or development projects. Government inability is pushing the country into an economic crisis with long-term consequences.

Some of the World Bank's top findings

1. Employment in Kosovo: 2/3 of the working age population is not working. The employment rate in Kosovo is the lowest in Europe, with only 37.1% of the working age population, compared to countries in the region, where the average is 48.5%, while in the European Union, where it is 54.5%.

2. Economic growth: For 2023, Kosovo's economic growth is 3.3%, while for 2024 it is expected to be 3.8%. This is lower than the average economic growth of 4% before the pandemic. Such an economic growth rate does not guarantee development, jobs, investments, better health, better salaries for citizens.

3. Trade deficit: Kosovo is the only country in the region where trade volume has a negative impact on economic growth due to its high trade deficit, which totals about 5.2 billion. Double the trade deficit, for three years of this government, are clear indicators of lack of investments, especially investments in support of production and exports.

4. Active population in the Labour Market: Only 42.7% of Kosovo's active population is part of the labour market, a figure that is lowest in the region (the regional average is 54.4%).

This low percentage also relates to high migration, as a result of visa liberalisation, which has resulted in an evacuation of some 23,700 people from the working age population.

Under Lumir Abdixhik's leadership, the LDK has a practical plan to create jobs, develop the economy and prevent the departure of our youth.

The New Way is the only road to economic development, and the change for Kosovo we want will bring the LDK.