EU allocates €63 million for Kosovo’s economic recovery

The European Union has allocated €63 million for Kosovo as a package for economic recovery following the spread of the Coronavirus pandemic. Five million Euros are allocated for immediate support of the health sector, while €63 for the support of the social and economic recovery.

The news was made public by the President of the Kosovo Chamber of Commerce, Berat Rukiqi, saying that more investments should be made in the private sector.

“Another positive news from the EU. €63 million for economic recovery. But not enough. There is also a need to reprogram Instrument for Pre-accession Assistance funds. Less technical assistance from these funds, and more investment in private sector projects,” Rukiqi wrote on Facebook.