Kosovo plants seeds of economic recovery

Kosovo plants seeds of economic recovery

Kosovo’s government accounting and audit teams are hoping to head off further financial confusion in its public services with the help of a 2m euros grant from the EU

The money comes from the European Agency for Reconstruction in a bid to
eradicate financial management problems that have plagued budgeting and book
keeping in Kosovo’s public sector.

Ken Schwartz, resident adviser to the Kosovan Ministry of Finance for USAID,
said the money would help with the preparation of future budgets and the
implementation of a Public Financial Management Accountability law. ‘This
project has been the lifeblood of Kosovo’s medium-term expenditure framework,’
he said.

Over the past 18 months, more than 750 bureaucrats have been trained.
Programme manager Nadia Costantini told Accountancy Age: ‘We are
teaching them skills more sophisticated than just reading a balance sheet.’

Related Articles

Financial Secretary to the Treasury on cryptocurrency, Brexit and taxing the digital economy

Brexit Financial Secretary to the Treasury on cryptocurrency, Brexit and taxing the digital economy

3m Alia Shoaib, Reporter
HMRC’s refusal to raid top Tory donor Lycamobile to be investigated by MPs

Big Four HMRC’s refusal to raid top Tory donor Lycamobile to be investigated by MPs

3m Alia Shoaib, Reporter
Spring Statement 2018: Spring has sprung as chancellor finds his inner Tigger

Budget Spring Statement 2018: Spring has sprung as chancellor finds his inner Tigger

4m Emma Smith, Managing Editor
Spring Statement live feed

Budget Spring Statement live feed

4m Emma Smith, Managing Editor
Spring Statement 2018: 5 things to look out for

Brexit & Economy Spring Statement 2018: 5 things to look out for

4m Alia Shoaib, Reporter
Financial Secretary to the Treasury on Brexit, Spring Statement, Making Tax Digital and Carillion

Politics Financial Secretary to the Treasury on Brexit, Spring Statement, Making Tax Digital and Carillion

5m Emma Smith, Managing Editor
David Davis, Secretary of State for Exiting the European Union

Brexit & Economy David Davis, Secretary of State for Exiting the European Union

6m Alia Shoaib, Reporter
Philip Hammond, Chancellor of the Exchequer

Brexit & Economy Philip Hammond, Chancellor of the Exchequer

6m Alia Shoaib, Reporter