WB issued a temporary Strategy for Kosovo

ISN is a key document that defines the framework of cooperation between the World Bank Group and Government of Kosovo, and describes the bank's planned operations in the country - lending, analytical work and technical assistance.

Kosova's ISN covers the period of time from 2010-2011 and envisages Bank financing of about $ 87.5 million, with possible additional funding from the International Finance Corporation, the World Bank's private sector credit over 20 million. In addition, key aspects of the strategy will be funded by grants from other bilateral partners and multilateral foreign, amounting to over $ 195m

ISN for Kosovo covering the period 2010-2011 and envisages Bank financing of about $ 87.5 million, with possible additional funding from the International Finance Corporation, the World Bank's private sector credit over 20 million. In addition, key aspects of the strategy will be funded by grants from other bilateral partners and multilateral foreign, amounting to over $ 195m.

"Promotion of sustainable employment, production, and inclusive growth," said Jane Armitage, World Bank Regional Director for South-East, "it is important for a country that is booming, a new country, multi-ethnic, high unemployment and can go a long way towards reducing the currents within a society stemming from ethnic conflicts of the 1990s and beyond. "

This ISN is the first to be held after the proclamation of independence in February 2008 and its membership in the World Bank Group and International Monetary Fund (IMF) in June 2009. This program will help consolidate the transition from post-conflict reconstruction to economic long-term development.

Source:Telegrafi.com/20.02.2010