Investment Climate Kosovo
The project aims to improve the country's invesmtent climate, to stimulate FDI and to reduce compliance costs for businesses. Activities focus on the regulatory and policy framework and on streamlining administrative procedures. The project is implemented by the International Finace Corporation (IFC).
| Country/region | Period | Budget |
|---|---|---|
|
Kosovo |
01.03.2013
- 01.03.2016 |
CHF 2’090’000
|
-
Project number UR00720
| Background |
Being the only IDA-country in Europe poor economic performance is among Kosovo's key challenges. Economic growth in recent years has not been sufficient to improve Kosovo’s situation with regard to poverty and unemployment. The country remains the poorest country in the region, with 45 percent of the population living below the poverty line and 15 percent in extreme poverty. Kosovo needs to double its economic growth in order to achieve an income level similar to neighboring countries. |
| Objectives |
The project aims at stimulating Kosovo’s economic performance by way of reducing regulatory red tape, boosting the country’s competitiveness at large, and facilitating private investment activities. |
| Medium-term outcomes |
Improve Kosovo’s business enabling environment. Facilitate FDI inflows. Improve Kosovo’s agribusiness performance. |
| Results |
Expected results: Recommendations are adopted and implemented by project partners. Policies/procedures/standards/improved improved or eliminated. New law/regulations passed. Private businesses renewed and/or reformed new procedures. |
| Directorate/federal office responsible |
SECO |
| Credit area |
Development cooperation |
| Budget | Current phase Swiss budget CHF 2’090’000 Swiss disbursement to date CHF 0 Budget inclusive project partner CHF 2’327’500 |
| Project phases |
Phase 1 01.03.2013 - 01.03.2016 (Completed) |
