Economic Growth
The population of Kosovo is estimated to be 2.1 million, with perhaps another 400,000 living abroad. The Diaspora sends remittance home equal to as much as 30% of GDP, making it an important social ‘shock absorber’ for the fledgling Kosovo economy.
Kosovo adopted the Euro as its national currency in 2002. The currency has set price stability; however the Government has no control over the money supply and no method of setting a national interest rate. As a result, the Government must rely solely upon fiscal policy to control the economy.
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Democracy and Governance
The Assembly of Kosovo declared it’s independence on February 2008. Most of Kosovo institutions are still fragile and rule of law is one of the most serious issues facing Kosovo today. Judges and court personnel are held in low esteem, and the poor performance of judicial institutions undermines public trust and the willingness of potential domestic and foreign businesses to invest.
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Special Initiatives and Cross Cutting Programs
In addition to Economic Growth and Democracy and Governance programs, USAID also supports a number of special initiatives and cross-cutting issues that fall outside of these core strategic objectives. All of the Mission's programs integrate five critical cross-cutting issues: gender, youth, corruption, conflict mitigation, and human capacity development.
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