Kosovo’s Ministry of Finance has signed two agreements worth a total of €96 million with the World Bank, aimed at strengthening the financial sector and facilitating trade.
According to the ministry, the agreements include the Financial Sector Development Project (FSDP), valued at €50 million, and the Western Balkans Trade and Transport Facilitation Project 2.0 (TTFP 2.0), which consists of a €35 million loan and a €12 million grant. Both initiatives are designed to support structural reforms and strategic investments aligned with European Union standards.
The Financial Sector Development Project will support the establishment and operationalization of a Development Bank, enhance the capitalization of key financial institutions, expand credit guarantee instruments for businesses, and modernize payment infrastructure through fast payment systems.
Meanwhile, the Trade and Transport Facilitation Project aims to improve infrastructure and procedures at border crossing points, digitize trade processes, and increase market competitiveness, further integrating Kosovo into regional and European networks.
