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Date Time Share World Bank Regional Director for Western Balkans Confirms Continued Support to Kosovo for COVID-19 Response and Development Reforms Visiting Kosovo, Linda Van Gelder, World Bank Regional Director for the Western Balkans, reiterated the Bank’s support to Kosovo as it deals with the impacts of the COVID-19 pandemic and addresses its long-term development challenges. During her visit, Van Gelder met with Kosovo’s President Vjosa Osmani Sadriu, Prime Minister Albin Kurti, Minister of Finance, Labor and Transfers Hekuran Murati, and Minister of Health Arben Vitia, to discuss the socio-economic impact of the pandemic, government response measures, and the World Bank’s continued support to Kosovo for a resilient recovery and more inclusive and greener economy. ....
Serbian Finance Minister Siniša Mali signed two loan contracts worth a combined €234.6 million on 10 May, a programme loan for climate change public policy and a loan for the project to modernise the rail sector in Serbia by employing a multi-phase programme approach. The deals were signed with the French ambassador to Serbia, Jean-Louis Falconi, Cecile Couprie, regional director for Eurasia of the French Development Agency (AFD), and Linda van Gelder, regional director of the World Bank for the Western Balkans. Serbian Prime Minister Ana Brnabić also attended the signing following an earlier meeting with Couprie. Brnabić told reporters that both contracts involved the environment and were a part of the Green Agenda of both Serbia and the EU. ....
Projected growth of WB countries in 2021 around 4,4% serbianmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from serbianmonitor.com Daily Mail and Mail on Sunday newspapers.
Share Washington: Growth in Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia – the six countries of the Western Balkans – is expected to return in 2021, in the wake of the region’s worst economic downturn on record during 2020. Following the economic devastation brought on by the COVID-19 pandemic that resulted in an estimated contraction of growth in the region of 3.4 percent last year, the Western Balkans region is expected to grow by 4.4 percent in 2021. Going forward, growth is expected to moderate to 3.7 in 2022 and 2023, with lingering damage from the pandemic continuing to depress investments and employment in the region. ....
Date Time Subdued Recovery Expected in Western Balkans, Following Historic Recession, Says New World Bank Report Growth in Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia – the six countries of the Western Balkans – is expected to return in 2021, in the wake of the region’s worst economic downturn on record during 2020. Following the economic devastation brought on by the COVID-19 pandemic that resulted in an estimated contraction of growth in the region of 3.4 percent last year, the Western Balkans region is expected to grow by 4.4 percent in 2021. Going forward, growth is expected to moderate to 3.7 in 2022 and 2023, with lingering damage from the pandemic continuing to depress investments and employment in the region. ....