The Kosovo Ministry of Finance announced it has signed two agreements with the World Bank, with a combined value stated as EUR 96 million, to support financial sector strengthening and trade facilitation. The package comprises a EUR 50 million Financial Sector Development Project (FSDP) and the Western Balkans Trade and Transport Facilitation Project 2.0 (TTFP 2.0), financed through a EUR 35 million loan and a EUR 12 million grant, supporting structural reforms and strategic investments aligned with European Union standards. The FSDP is intended to support the establishment and operationalization of a Development Bank, the capitalization of key financial institutions, the expansion of credit guarantee instruments for businesses, and the development of modern payments infrastructure through a fast payments system. TTFP 2.0 targets improvements to infrastructure and procedures at border crossing points, the digitalization of trade processes, and measures to increase market competitiveness and further align Kosovo with European networks and standards.
Ministry of Finance (Kosovo) 2026-03-24
Kosovo Ministry of Finance signs EUR 96 million agreements with the World Bank to strengthen the financial sector and facilitate trade
The Kosovo Ministry of Finance signed agreements with the World Bank for EUR 96 million to enhance financial sector strength and trade facilitation. The EUR 50 million Financial Sector Development Project aims to establish a Development Bank, capitalize financial institutions, expand credit guarantees, and develop a fast payments system. The Western Balkans Trade and Transport Facilitation Project 2.0, funded by a EUR 35 million loan and a EUR 12 million grant, focuses on border infrastructure, trade digitalization, and aligning Kosovo with EU standards.