Kosovar Government aims private sector development

During the day-long conference “Opportunities and challenges of economic development and empowerment of the private sector,” which was organized by the Ministry of Economic Development in cooperation with the Kosovo Chamber of Commerce, the American Chamber of Commerce in Kosovo and the Kosovo Business Alliance, the Minister of Economic Development, Besim Beqaj estimated that the Kosovo economy has made progress, and that despite the effects the global economic crises has had on the local economy, projections for a 7-8% economic growth next year are very promising.

Beqaj also said that the aim of the Kosovo Government is the development of the private sector and that all ministries have participated in the drafting of the economic program and will be directly involved in achieving this objective.

Listed as challenges to achieving this objective are the establishment of order throughout the country, the legal infrastructure, reduction of informal economy, economic growth up to 8%, reduction of unemployment, development of energy resources, etc..

The Ministry of Infrastructure presented the infrastructure projects such as the Merdare-Morine highway, Prishtina-Hani I Elezit , Pristina –Peja , Pristina – Mitrovica, etc., which according to this ministry are among the main reasons affecting the economic development.

Meanwhile, the Minister of Agriculture, Forestry and Rural Development, Blerand Stavileci found that one of the leading sectors for sustainable economic development in the country is agriculture, which was given special attention recently by stimulating it with loans and different subsidies.

Business representatives have praised the Government’s approach to give more support to the private sector development.

/ Koha /