KOSOVAPRESS News

CBK: 3.9% is expected to be the economic growth during 2024

The Central Bank of Kosovo (CBK) expects economic growth of 3.9% in 2024.

According to the CBK announcement, the expectations are that the country’s economy will grow faster during 2024, supported by the increase in real disposable income, thanks to the decrease in inflation and the increase in financing sources.

“CBK forecasts for 2024 suggest that Kosovo’s economy will be supported by the increase in real disposable income, thanks to the decrease in inflation, and the increase in financing sources. The CBK forecasts economic growth of 3.9 percent for 2024, which is expected to be supported by the increase in consumption, investments and export of goods and services, against the negative impact of the import of goods and services on GDP”, reads the report of the CBK, for Quarterly assessment of the Economy.

The CBK announces that according to the preliminary estimates of the KAS, the economy of Kosovo has recorded an increase of 5.6 percent in Q1 2024.