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Accession in “Egmont Group” prevents money laundering

By   /  02/02/2017  /  Finance, Kosovo, XK Finance  /  Comments Off on Accession in “Egmont Group” prevents money laundering

Kosovo is the youngest member of Egmond Group of Financial Intelligence Units. Egmont Group is an international organization with 152 financial intelligence units specialized in the fight against money laundering and funding of terrorism. Kosovo’s Foreign Minister, Enver Hoxhaj says that this is another important achievement which affects the professional aspects of the engagement of […]

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There will be no pay cuts, says Kosovo’s Finance minister

By   /  19/01/2017  /  Finance, Kosovo, XK Finance  /  Comments Off on There will be no pay cuts, says Kosovo’s Finance minister

Kosovo’s Finance minister, Avdullah Hoti said in a press conference that the new bill on salaries will not affect people employed in the civil sector. “I would like to assure everyone that there will be no pay cuts. The new bill only aims at harmonizing salaries for officials who do the same job”, he said. […]

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18 thousand people were employed in 2016, Kosovo’s Finance Minister says

By   /  27/12/2016  /  Finance, Kosovo, XK Finance  /  Comments Off on 18 thousand people were employed in 2016, Kosovo’s Finance Minister says

Minister of Finance, Avdullah Hoti, declared in his end of the year speech that 18 thousand new jobs were created during 2016. “All statistics indicate that there has been a more intense economic activity and a new basis has been established for next year”, Hoti declared. Hoti said that economic growth for this year will […]

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Kosovo has benefited 400 million USD from the World Bank

By   /  07/12/2016  /  Finance, Headlines, Kosovo, XK Finance  /  Comments Off on Kosovo has benefited 400 million USD from the World Bank

As of 2009, Kosovo has benefited from the support of the World Bank given in the form of grants and loans in the domain of healthcare, education, energy, environment, agriculture and other sectors. This was said by Kosovo’s minister of Finance, Avdullah Hoti, in a meeting with representatives of the World Bank. “So far, Kosovo […]

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Remittances should be used for business, Kosovo’s Finance Minister says

By   /  14/10/2016  /  Business, Kosovo, XK Business  /  Comments Off on Remittances should be used for business, Kosovo’s Finance Minister says

Pristina, 14 October 2016/Independent Balkan News Agency By Elton Tota More than half a billion euros coming in the country from migrant workers who live and work abroad, has led to a growth of consumption. Kosovo’s Finance Minister, Avdullah Hoti says that the money coming from abroad must not only be used for consumption and […]

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Deadline for the payment of debts extended

By   /  16/09/2016  /  Finance, Kosovo, XK Finance  /  Comments Off on Deadline for the payment of debts extended

Pristina, 16 September 2016/Independent Balkan News Agency By Elton Tota Government of Kosovo has approved a bill which extends by 6 months, until 15 April 2017, the payment of debts that people owe to public companies and institutions. Minister of Finance, Avdullah Hoti said that based on the information gathered, total debts are over 900 […]

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Kosovo is expecting a 4% economic growth

By   /  10/08/2016  /  Finance, Kosovo, XK Finance  /  Comments Off on Kosovo is expecting a 4% economic growth

Pristina, Tirana, 10 August 2016/Independent Balkan News Agency By Elton Tota Based on real indicators, authorities in Pristina predict a 4% economic growth this year. Minister of Finance, Avdullah Hoti says that the reforms and new strategies in economy are yielding the necessary results. “I am convinced that our strategies will lead to a 3 […]

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Hoti: Process of EU integration encourages stability in the region

By   /  30/06/2016  /  Kosovo, Politics, XK Politics  /  Comments Off on Hoti: Process of EU integration encourages stability in the region

Pristina, 30 June 2016/Independent Balkan News Agency By Elton Tota Process of EU integration, including regional cooperation, is contributing in Kosovo’s efforts to articulate policies that address the restrictions of economic growth and prevent convergence. This was declared by the minister of Fiance of Kosovo, Avdullah Hoti in the World Bank conference “Dialogue of Western […]

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Kosovo and Austria are planning to scrap double taxation

By   /  29/06/2016  /  Business, Headlines, Kosovo, XK Business  /  Comments Off on Kosovo and Austria are planning to scrap double taxation

Pristina, 29 June 2016/Independent Balkan News Agency By Elton Tota Government of Kosovo and that of Austria are negotiating in order to scrap double taxation, in an effort to encourage the intensification of business between the two countries. Minister of Finance of Kosovo, Avdullah Hoti went to Vienna to negotiate a deal with his Austrian […]

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Retirement pensions in Kosovo go up by 33%

By   /  20/05/2016  /  Headlines, Kosovo, Social, XK Social  /  Comments Off on Retirement pensions in Kosovo go up by 33%

Pristina, 20 May 2016/Independent Balkan News Agency By Elton Tota In this time of crisis which has affected the entire region and especially the European Union, the significant rise in retirement pensions that the government of Kosovo announced, is seen as good news. The government of Kosovo approved today (Friday) the decision to increase pensions […]

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