Challenges that businesses in Kosovo face

Challenges that businesses in Kosovo face

Difficulties in obtaining loans, high interest rates, delays in payments and the shortages of qualified staff, are some of the main obstacles that businesses in Kosovo face today.

This is stated in the report issued by Kosovo Chamber of Commerce dubbed “Business Climate in Kosovo”, which stresses the barriers and expectations that businesses have.

Other obstacles that businesses encounter include informal economy, high cost of power supply, lack of professionalism in public institutions, customs procedures and low purchasing power.

According to the report, all of these have a strong impact on the business sector.

The head of the Kosovo Chamber of Commerce, Safet Gerxhaliu says that despite these challenges, the tendency for the next 6 months concerning business climate, is a positive one compared to the third quarter of 2017.

According to him, the manufacturing sector is the one promising to be more optimistic in terms of creating more jobs. /