Despite the stable flow of remittances to Kosovo, they marked a decrease in the last global economic crisis, namely in 2009, 2010, 2011; therefore, it remains to be seen how the effects of pandemic crisis are to be manifested in economies where our Diaspora is concentrated in order to have a more specific assessment for the remittances this year.
The decrease of remittances in 2009 as a consequence of global financial crisis was 3.8%. At the same period, the Kosovo economy marked a decrease in economic growth from 4.5% to 3.6%. As a result of the overall decrease of demand in all countries, our exports are expected to decrease, thus further increasing the effects of crisis on the economy of Kosovo.