20/09/2024
Governor Ahmet Ismaili of the Central Bank of the Republic of Kosovo, accompanied by his team, held a productive meeting with Mathew Haarsager, U.S. Treasury Representative for Central and Eastern Europe. The discussions centered on the broader macroeconomic picture of Kosovo, recent developments in the financial sector, and key initiatives undertaken by the CBK in accordance with its Strategic Plan 2024–2028.
Governor Ismaili highlighted the stability and resilience of Kosovo's financial system, emphasizing the sector's solid performance, including low non-performing loan rates and a high level of capitalization.
During the meeting, Governor Ismaili expressed his gratitude to Mr. Haarsager for the substantial support provided by the U.S. Treasury Department. He noted the impact of various projects supported by the U.S. Treasury aimed at developing Kosovo's domestic government bonds market, establishing necessary market infrastructure, and facilitating other initiatives that enhance the country's financial system.
Additionally, the conversation addressed ongoing collaborations supported by USAID, including efforts to establish a robust capital market framework and infrastructure. These projects are vital for promoting financial stability and growth in Kosovo, ensuring that the financial sector continues to evolve in response to market needs.
Governor Ismaili reiterated the importance of international partnerships in fostering economic development and enhancing the resilience of Kosovo's financial system. The engagement with the U.S. Treasury aims to further strengthen these ties and promote a sustainable financial environment for the benefit of all citizens of Kosovo.
The meeting concluded with both parties reaffirming their commitment to enhancing ties and cooperation.