Prime Minister of Kosovo, Isa Mustafa, said at a conference in Pristina that economic development is a priority for the government and that Kosovo has improved its ranking in world indexes for doing business. Mustafa said the government will make further efforts to improve the investment climate and that the labour market in Kosovo is quite flexible.

Leaders of Kosovo institutions and foreign diplomats presented today in Gracanica the Kosovo Credit Guarantee Fund. Small and medium sized businesses are expected to gain an easier access to loans after the establishment of the Credit Guarantee Fund, which enables more favorable loans for them.

The Fund, which is a local, independent and sustainable institution, will issue partial guarantees for loans to the financial institutions, increasing in this manner access for micro and medium sized enterprises.