In Kosovo we focus on:
Strengthening private sector performance in the country: The Bank will continue pursuing its traditional forte of helping to deliver on the country’s connectivity agenda with enhanced focus on project implementation, and step up its support for municipalities and enlisting them to carry out climate-resilient and greener infrastructure investments. The Bank will pay particular attention to accelerating the implementation of public sector investments and supporting the delivery under the EU’s Economic and Investment Plan.
Navigating the repercussions of the COVID19 pandemic through stepped up response measures, including for publicly-owned enterprises and municipalities as well as the financial sector as the backbone for economic activity. Throughout, regional integration will remain the lodestar to guide the Bank’s investment and policy activities, and special emphasis will be placed on exploring synergies with the Bank’s activities in neighbouring economies.
The EBRD’s latest Kosovo strategy was adopted on 26 January 2022.
EBRD forecast for Kosovo real GDP Growth in 2023 3.5%
EBRD forecast for Kosovo real GDP Growth in 2024 4.0%
Output expanded at a rate of 3.9 per cent year on year in the first quarter of 2023, as strong service exports offset a contraction in the exports of goods. Services were also driving growth on the production side, as diaspora inflows (counted as part of tourist arrivals) led to a double-digit expansion in the retail and tourism sectors. Investment growth remained muted, reflecting in part limited implementation of the public investment programme.