34 minutes agoArdian Gjini: Current rhythm is leaving the region behind, Kosovo needs radical reform of economy
Periskopi(an hour ago)
(an hour ago)Alliance Chairman Ardian Gjini has reacted after the International Monetary Fund's projections (FMN) for Kosovo's economic growth, assessing that figures should not be interpreted with political triumphalism, as, according to him, they do not reflect the economic reality of citizens.
Through a Facebook response, Djind stressed that Kosovo continues to have the lowest per capita GDP in the region, while the gap with neighbouring countries and the European Union remains large.
According to him, economic growth of about 4 percent is not enough to ensure real development, since it is based primarily on domestic consumption and remittances, not on production, industry, and exports.
Djind has also presented a comparable analysis, under which, if the current pace of economic growth continues, Kosovo will take about 8 years to reach Bosnia and Herzegovina, 13 years of Northern Macedonia, 20 years, Albania 54 years, 54 years, Montenegro, 77 years, Serbia and over 130 years to reach the European Union average.
He has stressed that last years' inflation has dimmed citizens' purchasing power, causing economic growth not to reflect on improving the standard of living.
At the end of the response, the Alliance's chairman has called for immediate change in economic policies, seeking support for local producers, investment in technology, creation of value-added jobs and increased exports. According to him, Kosovo must switch from a consumer-based economy to an economy based on long-term production and development.
