The investment promotion agreement with the US Corporation for International Financial Development (DFC) is the best opportunity Kosovo has had for economic development since 1999. This agreement for initial projects amounts to 1 billion euros, with a maturity of 25 years. This was stated by the incumbent Prime Minister Avdullah Hoti on Monday during a meeting with business representatives, where he said that “only the sky is a limit for the private sector”, because according to him, all that is needed is for the project to have business meaning.
Direct financing in the form of loans, which can be obtained by both the government and businesses, investing in companies’ equity, guaranteeing investments, securing investment by covering losses related to political risk, reinsuring the project, financing various studies of Feasibility are some of the instruments that DFC provides for businesses. He stressed that the government was committed to stay close to the private sector, making it possible for business turnover in January this year to be higher than in January 2020, when there was no pandemic.
