Governor Mehmeti discussed to businesses about economic developments in the country

The Governor of the Central Bank of the Republic of Kosovo, Mr. Fehmi Mehmeti, presented at the forum of the American Chamber of Commerce in Kosovo, the latest developments in the financial sector and the measures taken by the CBK to maintain financial and macroeconomic stability.

In front of the audience, Governor Mehmeti stressed that the banking sector of Kosovo has managed to maintain a high degree of sustainability despite the challenges faced by the country’s economy as a result of the pandemic and, moreover, has played a very important role in supporting of the economy to minimize the economic consequences from the recent crisis.

According to Governor Mehmeti, the growth of loans to the banking sector with an annual rate of over 11 percent during this year, is presented as an important contributor to the recovery of the country’s economy, which in 2021 is returning to growth rates.

Governor Mehmeti praised the importance of continuous communication between the Central Bank and the business community in order to identify as accurately as possible the needs of businesses and to create the best possible conditions for their development.