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Development cooperation, 12/12/2014

Kosovo/Aid for Trade 2

Description

According to the latest statistics unemployment rate in Kosovo is approximately 30%, womens' unemployment is around 40%, and youth unemployment over 50%. Trade deficit is a big problem for Kosovo, and revenues consist largely on donor aid and diaspora remittances. There is no sustainable base for economic growth. The UNDP project Aid for Trade 2 aims at job creation especially for women and youth by developing employment and education policies and supporting central and municipal level institutions in designing and implementation of private sector policies. Private sector development and income generation will be enhanced, and emphasis is laid on products and services which are demanded by domestic and export markets. The project aims at increasing domestic production, substitution of imports, and increase of exports. Phase II of the project will be funded with 950 000 euros in 2015-2017. As a result of the first phase of the project the capacities in the Ministry of trade and industry of Kosovo have been improved, sectoral analyses have been produced as a basis for decision-making, and private sector representatives have been trained and supported. The mid-term review report recommends further suppor to the project. The project second is planned to be funded with 950 000 euros in 2015-2017.

Funding decision 12/12/2014

950 000 €

Target country

Kosovo

Objectives monitored by OECD's Development Assistance Committee

Trade development
Gender equality
Participatory development/Good governance

Field of activity

Business support services and institutions 100%

Type of aid

Project-type interventions

Special target group

women
youth

Funding channel

YK:n kehitysohjelma

Contact

eur-40

Code for the object of funding

89201532

ID

UHA2014-050984

Created date

11/25/2014

Modified

12/19/2014

Case state

Technical planning
Quality assurance group handling
Updating content data

Case status

Pending

This document

Updated 8/30/2016

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