The Kosovo Budget Committee at today\u2019s meeting has given the green light to three important loan agreements aimed at improving the energy sector and purchasing scanners for border crossing points.<\/p>\n\n\n\n
With 9 votes in favor, the draft law on the ratification of the Loan Agreement between the Republic of Kosovo and the French Development Agency (AFD) for the Policy-Based Credit Program was approved.<\/p>\n\n\n\n
Minister of Finance Hekuran Murati said that this agreement aims to accelerate Kosovo\u2019s transition toward green energy in line with the EU acquis.<\/p>\n\n\n\n
\u201cThis is an agreement worth about 80 million, similar to the one with KfW, which is also 80 million, aiming to increase Kosovo\u2019s support as a continuation of what we have under the EU Growth Plan. The two main EU countries, Germany and France, have decided to support us as an extension of the Growth Plan, which totals 882 million euros. In this case, we have two agreements from two countries, each covering 10 percent, totaling 160 million euros. The goal here is that, within the framework of the reforms in the Growth Plan, there will be further deepening of reforms in the energy sector,\u201d<\/em> he said.<\/p>\n\n\n\n Unanimous support was also given by the Budget Committee to the draft law on the ratification of the loan agreement between the Republic of Kosovo, represented by the Ministry of Finance, and KfW Frankfurt am Main, for the Policy-Based Credit Program in the energy and climate sector for Kosovo, worth 80 million euros, which also aims at reforms in the energy sector.<\/p>\n\n\n\n The members of the Budget Committee also gave full support to the draft law on the ratification of the loan agreement between the Republic of Kosovo, represented by the Ministry of Finance, and the International Development Association, for the project \u201cTrade and Transport Facilitation in the Western Balkans 2.0\u201d.<\/p>\n\n\n\n Murati stated that this agreement aims to improve the quality of operations related to goods trade and related infrastructure.<\/p>\n\n\n\n \u201cRehabilitation of corridors and efficiency at border crossing points requires reconstruction of border points so they meet EU standards. Capital investment is needed, as well as digitalization of processes to facilitate the flow and allow declaration or presentation of goods even before arrival. The purchase of equipment such as scanners is also foreseen; we already have one donation from the United States, but the idea is to purchase additional scanners for other border points. As seen, investments in this area have a very high return, because in just the first two months goods and declared funds of significant value have been seized,\u201d\u00a0<\/em>he said.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" The Kosovo Budget Committee at today\u2019s meeting has given the green light to three important loan agreements aimed at improving the energy sector and purchasing scanners for border crossing points. With 9 votes in favor, the draft law on the ratification of the Loan Agreement between the Republic of Kosovo and the French Development Agency […]<\/p>\n","protected":false},"author":11,"featured_media":81950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[296],"tags":[833,7969],"_links":{"self":[{"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/posts\/81949"}],"collection":[{"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/comments?post=81949"}],"version-history":[{"count":1,"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/posts\/81949\/revisions"}],"predecessor-version":[{"id":81951,"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/posts\/81949\/revisions\/81951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/media\/81950"}],"wp:attachment":[{"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/media?parent=81949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/categories?post=81949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kosovapress.com\/eng\/admin\/wp-json\/wp\/v2\/tags?post=81949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}