Informal economy in Kosovo has slightly shrunk, according to the results of an assessment published yesterday in Prishtina/Pristina.
Presenting the findings together with the Ministry of Finance, Nataliya Apostolova, Head of EU Office/EU Special Representative reiterated that improvements are a direct result of the reforms undertaken by the government and the Tax and Customs administrations.
But, the findings also point out that more than 400 million euros are not accounted for by the official statistics. “We do expect from government institutions to take seriously the findings of this assessment and take immediate actions towards necessary improvements,” said Apostolova.
The assessment was conducted through the EU funded project “Further support to Kosovo institutions in the fight against organized crime, corruption and violent extremism” and has used the same methodology as in 2007 and 2014 thus enabling to compare trends on the topic. The process was led by the Ministry of Finance and coordinated between other line ministries, independent government agencies, and the Central Bank of Kosovo among others.
Informal economy remains one of the priority areas in the European Reform Agenda, Economic Reform Program, and in the same time it is an issue tackled in the Stabilisation Association Agreement between the EU and Kosovo.