TIRANA, June 28/ATA/ The Kosovo Minister of Finance-MoF, Hekuran Murati and the Vice-President and Member of the Management Committee of the European Investment Bank (EIB), Lilyana Pavlova signed today the financing agreements worth 40 million euros.
According to the MoF, this project aims to facilitate access to finance for small and medium-sized enterprises (SMEs), in particular to overcome the negative effects of the COVID-19 pandemic to drive private sector development and employment.
“The financing of 40 million euros will be provided to the Kosovo Credit Guarantee Fund (KCGF) in the form of capital increase to provide credit guarantees for investments and working capital of SMEs, enabling them access to more favorable financing,” it is said in the announcement. //a.i/
