Rule of law and good governance are important matters, not only for ensuring social justice, but also legal certainty, institutional effectiveness, and performance are prerequisites for economic well-being in any state. development of a market economy requires confidence in justice and impartiality of institutions in rendering effective services.
Kosovo has achieved a lot in building institutions and requiring legal framework; nevertheless, our country still faces many challenges in terms of effectiveness and impartiality in rendering effective and fair services, and these challenges erect hindrances to an all-inclusive economic growth.
For these reasons, the NDS aims to improve state support for businesses and citizens, in a way by incentivizing investment; thereby, enabling higher economic growth and equal treatment of all citizens before state institutions. For this reasons, measures are planned to address the strengthening of the property rights system and accelerating judicial responses to such cases. the NdS, also, reads out the measures that will reduce time and finance burdens of administrative proceedings, which should, in turn, recover operational expenditures of the state. Strengthening inspectorates and filling out gaps in the public procurement system will ensure that markets are operating within bounds of the law and that state resources are guided towards the development priorities, including those listed by the NdS.
MEASURES TO BE TAKEN UNDER THIS PILLAR INCLUDE:
DEVELOPMENT IMPACT: Creation of an integrated information system for public administration services, which will accelerate the administration; thereby, reducing service costs both for administration and for businesses. more efficient utilization of public expense and private investments shall give additional impulse to economic growth and shall allow for sustainable economic development.
DEVELOPMENT IMPACT: lowering transaction costs for businesses. they should reduce the possibilities for bribery or favours for public officials. Simplification and reduction of administrative procedures shall also reduce costs of doing business; and, as a result, strengthen the private sector; thereby, allowing increased investment and economic growth in the country.
DEVELOPMENT IMPACT: reduction of administrative costs of investment and allocation of funds to other higher priority measures. improved performance of inspectorates will result in improvement of market distortions and externalities will reduce undue intervention of government in business activities, and the level of corruption.
DEVELOPMENT IMPACT: better performance for every euro spent. implementation of such measures shall lead towards adequate policies and improved performance in public and private sectors. improved performance and productivity in public and private sectors shall result into strengthened economic activity, and; therefore, higher economic growth rates.
DEVELOPMENT IMPACT: Narrowing down possibilities for collusive practices in public procurement will lead towards lower corruption; thereby, resulting into a better allocation of resources. Furthermore, the reduction of presence of corruption will bring a gain in financial capability of the state in investing in capital projects and social transfers; thereby, contributing into economic growth and alleviated poverty.
DEVELOPMENT IMPACT: a better performing system of real estate rights will pave way for stronger legal certainty for investors, and, as a result, increase possibilities of investment; thereby giving citizens more possibilities to use land as a collateral for accessing funds. a special focus on property rights of marginalized groups will enable greater social cohesion. growth in investment and in larger social cohesion shall provide higher rates of public and private investment.
DEVELOPMENT IMPACT: drastic reduction of time needed to resolve a case, from the current 414 days to 100 days. this improved performance shall bring about a sensible influence on the rule of law and on the business environment in Kosovo; thereby, increasing the competitiveness of Kosovo in terms of attracting foreign direct investment.
DEVELOPMENT IMPACT: increased revenues in the budget shall enable investment in priority areas of development. the merger of administration of both institutions will eliminate duplications; thereby, reducing operational costs. reduced informality shall improve competition in the market, render fairness and stimulate formal and innovative businesses. all these, should generate better conditions for investment and for economic growth.