Study: UNDP Kosovo Remittances Study 2012

By: Kosovo Diaspora    July 20, 2012

According to the newly published Kosovo Remittance Study 2012 conducted by UNDP Kosovo, 25 % of the households in Kosovo receive remittances. The Kosovar Diaspora is a tremendous resource for the country. However, the remittances from the Diaspora could play even a stronger role for the development of the country. Each year, hundreds of millions of Euros are being sent to Kosovo. The remittances are mostly used for basic consumption such as food, clothing and housing and only a small part is actually being invested in business activities that strengthen the local economy. An important part of the remittances are channeled to Kosovo through informal channels.

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