Fiscal reforms, a crucial step in facilitating doing business in Kosovo

Prishtina, January 28, 2019 – Stable economic development in the country is directly affected from the private sector advancement, and, therefore, facilitations and fiscal reforms in this direction are essential in continuing economic growth and macrofiscal stability. This was said during the roundtable organized by the American Chamber of Commerce in Kosovo with Minister of Finance, Bedri Hamza, on the effects of fiscal reforms in the environment of doing business in Kosovo.

AmCham Executive Director, Arian Zeka, said that being one of the most important institutions for the private sector, the Ministry of Finance has undertaken numerous fiscal reforms in 2018 which have affected further business empowerment and development, thus thanking Minister Hamza for their cooperation in this direction.

Minister of Finance, Bedri Hamza, said that 2018 marked a large number of fiscal reforms which resulted in facilitations for the private sector in Kosovo and have also reflected in better revenue performance. He said that the private sector is the main accelerator of economic development in the country, therefore businesses should be approached directly in order to address their challenges and barriers. Minister Hamza said that 2019 will be characterized with more fiscal reforms which aim on helping the private sector and simplifying tax procedures and to avoid creating barriers and burden for businesses.

Further on, participants in the roundtable praised the Ministry of Finance for the reforms and facilitations made in the private sector urging this cooperation to continue even in the years to come.