Economist and professor Muhamet Mustafa from the Riinvest Institute has presented a clear list of strategic recommendations for Kosovo's economic recovery, emphasizing that the country can only achieve sustainable progress if deep reforms are undertaken based on professional analysis.
Mustafa in "Confrontation Podcast" said that Kosovo needs a new approach and a new economic model built by local and international experts, who can create a long-term growth strategy.
"The current growth model based on consumption and imports has limited the country's economic progress," he stated.
He underlined that the economy cannot continue to rely on domestic consumption and remittances, but must create more sustainable development mechanisms.
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According to Mustafa, Kosovo's economic development depends directly on investments in human capital, which he described as "the foundation of any sustainable development."
Professor Mustafa called for increased funding for scientific research, connections between universities and the real economy, stimulation of innovation and technology, and increased professional capacities.
The economist said that Kosovo invests much less than countries in the region in research and development, which hinders the competitiveness and modernization of the economy.
According to him, the government must bring functional and realistic budgets and make decisions based on analysis.
He emphasized that economic governance cannot function through improvisation, but through structured planning and regular performance monitoring.
One of Mustafa's main recommendations is to shift the priority towards the processing industry, which he sees as having the greatest growth potential.
"If we stimulate domestic production, reduce imports, and create exports, then growth increases naturally."
He emphasized that developing a strong industrial base would directly impact trade balance, employment and economic stability.
Mustafa warned that ongoing situations of political blockades and institutional delays are seriously damaging the country's economy.
He expressed concern that Kosovo could lose significant funds from the European Union if a new government is not formed quickly after the elections.
He said that political stability is a prerequisite for any economic reform and for attracting foreign investment.Telegraph/.
