June 7 (SeeNews) - Kosovo’s government said on Wednesday it approved a draft law to establish a sovereign fund - a joint stock entity that will manage state-owned assets and support sustainable investment initiatives.
Some 24,000 assets will be transferred to the fund with the aim to enhance investment opportunities and improve management and returns, prime minister Albin Kurti said in a press release.
Besides public enterprises, the fund's assets involve a 20 million euro ($ 21.4 million) start-up capital, guaranteed investment capital, returns from investments, dividends and rents from state enterprises, and donations.
($ = 0.932747 euro)