American Oda with recommendations for the new Parliament and Government: Kosovo at a critical point

American Oda with recommendations for the new Parliament and Government: Kosovo at a critical point

On the day when the new Assembly of the Republic of Kosovo meets for the first time after the February 9th elections, the American Economic Oda in Kosovo has made clear calls for establishing long-term economic development and strengthening the private sector at the centre of the new government's agenda. In an official announcement, Oda stresses [...]

In an official report, Oda emphasises that “Kosovo is located at a critical point, where a bold, consistent and comprehensive economic strategy and strategy is needed”, adding that only through a unified vision can a sustainable “growth and greater economic stability. ”

The American Oda requires the adoption of a National Economic Development Strategy, which would include co-operation between public institutions, the private sector, civil society and international partners.

This strategy, according to Oda, should address key issues such as investment promotion, human capital development, digitisation and modernisation of infrastructure.

The American “Oda strongly encourages the new Parliament and Government to adopt a National Economic Development Strategy which unites public institutions, private sector, civil society and international partners about common goals. This strategy should be inclusive in the field of action, addressing key aspects like promoting investments, diversification of energy, development of human capital, export growth and modernisation of infrastructure, while also ensuring regulatory and fiscal predictability. Only through such a unified vision can Kosovo progress towards sustainable growth and greater economic sustainability”, the report said, Periscope.

The announcement highlights the importance of strengthening public-private dialogue, which guarantees that economic policies really reflect the needs of businesses and are built through comprehensive consultations.

Also, Oda calls for the design of financial support mechanisms for increased exports and the advancement of startup. “Digitalisation of private companies should be a priority in achieving a long-term competitiveness capacity”, the announcement said.

A key part of the recommendations is also the necessity for fiscal reform and judicial security.

The new government must prioritize the creation of a fair, transparent and predictable fiscal environment”, Oda points out, adding that tax policies should be “encouraging formalisation and stimulating innovation. ”

In the end, the American Economic Oda proposes establishing a Strategic Economic Partnership between Kosovo and the US, as well as highlighting the role of the Kosovo diaspora in the country's economic development. The Kosovo diaspora has not only financial capital but also broad expertise, networks and access to different world markets. ”

Similarly, the necessity of reforming and empowering agencies promoting exports and investments in Kosovo has been stressed in order to operate with <x0professionalism, speed and strategic clarity. ”

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