Central Bank of the Republic of Kosovo Governor Ahmet Ismaili reviewed the next steps in Kosovo’s application for inclusion in the Single Euro Payments Area (SEPA) during a meeting with President Justina Shiroka-Pula. Following the application’s submission, Ismaili emphasized institutional support and diplomatic engagement with European partners during the coming stages. Inclusion remains subject to European assessment and is expected to ease euro transfers across borders and lower costs for individuals sending or receiving funds abroad and businesses paying European partners.

The briefing also covered the TIPS-K instant payment system under development, which would allow individuals and businesses to send and receive payments within seconds at lower cost. Other reform priorities include stronger financial supervision and further alignment with European Union standards. Discussions on expanding access to finance focused on financing opportunities for women entrepreneurs.

Related updates