_ HOME | ABOUT ECIKS | SERVICES | PROJECTS | PORTFOLIO | INVESTING IN KOSOVO | NEWS | PUBLICATIONS | PATRONAGE | JOBS | LINKS    
             
   
  ECONOMIC NEWS
   
21.07.2006, 00:15
Kosovo: Economy growing, unemployment too

Prishtinë, 21 July, 2006 - According to the quarterly report of the Ministry of Economy and Finance’s macroeconomics department for the first quarter of 2006, this three-month period marked an increase in the collection revenues from the tax administration, which collected € 133,7 million or 5.5% more than in the last year.

The report indicates that the trade deficit during this period was € 217 million and it is quite alarming for the macro economic stability of Kosovo.

The salaries and daily allowances showed an increase of € 3.5 million (33.6%) of total budgetary expenses, which last year represented 32.9%.

According to Radio Television of Kosovo, export increased by 20% compared to 2005 and the economy is expected to grow by 3%. However, there are predictions that in 2007 Kosovo’s economic development will decrease by 1.6% due to UNMIK’s withdrawal.

The report indicates that unemployment rate has increased by 5% compared to the same period last year – there are about 323,450 unemployed. The trade deficit during this period, comparing it with the same period of the last year, has decreased by € 5.9 million, or 2.6%.

ECIKS


|

 

 
  SERVICES  
  In cooperation with its international and local partners ECIKS provides its institutional and business clients, in particular foreign investors, with outstanding services tailored to their needs. With its experience and partners, ECIKS is in unique position to do so… more  
 
  PROJECTS  
  Within a project financed by ADA, ECIKS has opened and manages the Office of Investment Promotion Agency of Kosovo in Vienna. The office is the first official representation of Kosovo abroad and it offers free-of-charge services for potential investors... more  
     
  ECONOMIC NEWS
   
> Invest in Kosovo Forum 2014
> Joint task force for illegal constructions in Pristina
> Exporting companies from Kosovo presented at the 40th International Food Fair in Montenegro
> Panama and Kosovo ready for economic and political cooperation
> All ECIKS News - Archives
 
  BROCHURES AND PUBLICATIONS
   
> Position Paper - A New Deal for Kosovo
> Brochure "Investing in Kosovo" (2011)
> Factsheet Kosovo (2011)
> Success Stories from Kosovo
> The Legal Guide to Kosovo
> CD-ROM: Investing in Kosovo
> All ECIKS Publications
     
  WHY KOSOVO
   
> TOP 10 Reasons to Invest in Kosovo
> CD ROM "Investing in Kosovo"

 
  ECIKS NEWSLETTER
   
 
E-Mail:
     
   
             
 
  Designed and Produced by ECIKS | Contact Webmaster Terms of Use | Copyright 2003-2010 www.eciks.org