The government allocates over seven million euros for loan guarantees

The government allocates over seven million euros for loan guarantees

The Government of Kosovo allocated over seven million euros on Wednesday for loan guarantees within the framework of measure 2.2 of the Economic Recovery Package.

The Minister of Finance, Labor and Transfers, Hekuran Murati, said at the Government meeting that these financial means are intended to provide businesses and the country’s economy with easier access to finance, without the need to provide mortgages as guarantees.

At the Government meeting, the Prime Minister Albin Kurti, stated that the Sovereign Fund is vital for economic growth and increased investment. While speaking about the opposition’s warnings that the Constitutional Court will reject the Law on the Sovereign Fund, he said that “the blocking of positive and progressive reforms must be stopped.”

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